
Even as US crude stocks increase, crude oil maintains rises due to China’s recovery.
Early Asian trade on Thursday saw a little increase in oil prices, extending gains from the previous two sessions. The world’s largest oil consumer, China, showed signs of a robust economic recovery, allaying concerns about an increase in U.S. crude stocks. Although U.S. West Texas Intermediate (WTI) crude futures were up 7 cents, or 0.1%,…