MW:Oil prices higher ahead of U.S. inventory report
By Barbara Kollmeyer
MADRID (MarketWatch) -- Crude-oil futures rose in European trading hours on Thursday, as tensions between Syria and Turkey continued to provide some support and investors awaited supply data. Markets were clawing back ground from a 1.2% tumble on Wednesday. Ahead of Energy Information Administration data due later, the American Petroleum Institute reported late Wednesday that crude-oil supplies rose 1.65 million barrels for the week ended Oct 5. Crude for November delivery CLX2 +0.64% rose 69 cents, or 0.8%, to $91.94 a barrel. November Brent crude UK:LCOX2 +0.60% rose 80 cents, or 0.7%, to $115.13 a barrel.
