Crude oil steady after mixed US inventory report
NEW YORK: Oil was little changed on Thursday following two straight days of gains that took oil futures to highs not seen in a year, after weekly U.S. crude stocks fell sharply while fuel inventories rose more than expected.
Brent futures for August delivery fell 16 cents to $71.19 a barrel, a 0.2% loss, by 2:05 a.m. EDT (1805 GMT). U.S. crude fell 18 cents to $68.69 per barrel.
