Oil Prices Stall as US Crude Inventories Rise amid Yemen Ship Attacks

On Thursday, oil prices stopped continuing their rise after a significant increase in US crude inventories negated the impact of another attack on cargo ships off Yemen. By 1447 GMT, Brent crude futures rose seven cents, equivalent to 0.1 percent, to $83.10 per barrel. US West Texas Intermediate crude futures rose 13 cents, or 0.2 … Continue reading Oil Prices Stall as US Crude Inventories Rise amid Yemen Ship Attacks