Oil hovers near three-month highs on trade progress, lower inventories
LONDON (Reuters) - Oil prices hovered near three-month peaks on Thursday, buoyed by falling U.S. crude inventories and thawing trade relations between the United States and China.
Brent crude futures edged up 10 cents to $66.27 a barrel by 0957 GMT, heading for a sixth straight day of gains if prices on Thursday end in positive territory.
U.S. West Texas Intermediate (WTI) crude gained 6 cents to $60.99 a barrel.