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Oil steady, near three-year highs on Syria tensions, tighter supply

Reuters  |  NEW YORK 

By Ayenat MersieNEW YORK (Reuters) - Oil prices held steady on Thursday, remaining close to highs last reached in late 2014 on tensions over Syria and shrinking global oil inventories. Brent crude futures settled at $72.02 a barrel, down 4 cents. U.S. WTI crude futures were up 25 cents at $67.07. Prices for both climbed in post-settlement trading. "We're pretty much holding steady on yesterday's gains ... and it does look like there's further upside ahead," said Walter Zimmerman, chief technical analyst at United-ICAP. "People are still nervous about what's going to happen in Syria ... ...

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First Published: Fri, April 13 2018. 01:59 IST
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