Tag: buoyed by U.S. stock draw

June 22 (Reuters) – Oil prices rose in early Asian trading on Wednesday, with U.S. crude joining Brent above $50 a barrel after data from the American Petroleum Institute (API) showed a larger than expected draw on stocks. U.S. crude futures’ August contract, the new front month from Wednesday, had climbed 35 cents to $50.20 […]