TOKYO: OilNSE 2.28 % prices edged lower on Wednesday after an industry report showed an unexpected rise in US crude inventories, but losses were capped by ongoing supply curbs and issues affecting output from countries including Venezuela.
Brent was down by 12 cents, or 0.2 per cent, at $67.85 by 0010 GMT. On Tuesday, the global benchmark rose 76 cents to $67.97 a barrel, not far below its year-to-date high of $68.69, reached on March 21.
US crude futures fell 9 cents, or 0.2 per cent, to $59.85. The US benchmark rose $1.12, or 1.9 per cent, to $59.94 a barrel in the previous session.
