Oil prices were steady Thursday after rising in the previous session on a midweek U.S. fuel supplies report that showed a large, unexpected drop in gasoline stockpiles and a fall in refinery utilization.
Light, sweet crude for June delivery fell 3 cents to $65.81 a barrel in Asian electronic trading on the New York Mercantile Exchange.
Brent fell 4 cents to $68.53 a barrel on the ICE Futures exchange in London.
Gasoline inventories fell by 2.8 million barrels in the week ending Friday, which left inventories at their lowest level since October 2005, the report said.
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Oil Prices Steady After Rising
Oil prices were steady Thursday after rising in the previous session on a midweek U.S. fuel supplies report that showed a large, unexpected drop in gasoline stockpiles
