(Reuters) - Oil was little changed above $70 a barrel on Thursday, as U.S. gasoline inventories fell against expectations amid peak summer driving demand, while swelling crude stock levels limited the upside.
London Brent crude, currently seen as the best benchmark for global oil prices, was up 2 cents at $70.55 a barrel by 0231 GMT, after rising 35 cents on Wednesday.
Read more at Reuters Africa
London Brent crude, currently seen as the best benchmark for global oil prices, was up 2 cents at $70.55 a barrel by 0231 GMT, after rising 35 cents on Wednesday.
Read more at Reuters Africa
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