Oil Gained 15 cents on US Gasoline Inventories Sharp Fall

Oil rose above $62 a barrel on Thursday after U.S. data showed a sharp fall in U.S. gasoline inventories.

U.S. crude was up 15 cents at $62.16 a barrel by 0714 GMT, after it settled up 12 cents on Wednesday.

London's Brent crude rose 7 cents to $67.91 ahead of its expiry on Friday.