USD 80.5268

-0.16

EUR 93.3684

-1.09

Brent 66.42

-0.27

Natural gas 2.801

-0.01

112

Crude Prices Gained on US Reserves Decline

World crude oil prices rebounded for a second day on Thursday

Crude Prices Gained on US Reserves Decline

World crude oil prices rebounded for a second day on Thursday amid concerns over Iran, as U.S. crude reserves fell.

US light sweet crude futures for delivery in July, added 36 cents to settle with $69.50 per barrel on the NYMEX.

London's Brent North Sea crude for July delivery climbed 45 cents to $67.43 per barrel on the ICE Futures.

The United States and the European Union on Thursday urged Iran to accept the six-power proposal as the meeting of the board of governors of the International Atomic Energy Agency began a debate on Iran's nuclear issue.

U.S. Energy Department reported Wednesday that commercial crude oil supplies fell by 900,000 barrels to 345.7 million barrels last week, well above the upper end of the average range for this time of year.

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