The April contract expired at the close of trading in the US overnight.
Dealers said gasoline stockpiles were in focus before the peak season for demand, beginning May 31, when US drivers throng the roads during their summer vacations.
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Oil Prices Rose in Stockpiles Report Anticipation
Oil prices rose in Asian trading hours in anticipation of the release of the weekly data on US energy stockpiles
Oil prices rose in Asian trading hours in anticipation of the release of the weekly data on US energy stockpiles, with the market closely watching gasoline inventories as the US driving season approaches, dealers said.
The US light sweet crude for delivery in May, rose 31 cent to $59.56 a barrel.
The April contract expired at the close of trading in the US overnight.
London's Brent North Sea crude futures for May inched up 25 cents to $60.45 per barrel.
Dealers said gasoline stockpiles were in focus before the peak season for demand, beginning May 31, when US drivers throng the roads during their summer vacations.
The April contract expired at the close of trading in the US overnight.
Dealers said gasoline stockpiles were in focus before the peak season for demand, beginning May 31, when US drivers throng the roads during their summer vacations.
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