Global oil prices edged up in trading in Asia Thursday, recovering from two consecutive sessions of decline, as investors reassessed the latest US crude oil and gasoline inventories data and returned to buying mode.
Brent crude futures for May were up 29 cents at $86.38 a barrel while the more actively traded June contract rose 28 cents to $85.69.
US West Texas Intermediate (WTI) crude futures for May delivery were up 41 cents to $81.76 a barrel.
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