Oil marks 4th successive growth at Thursday's settlement

Oil marks 4th successive growth at Thursday's settlement

Mubasher: Oil futures settled higher on Thursday, recording its fourth successive growth.

April Nymex WTI rose $0.35, or 0.6%, to close at $58.61 per barrel.

Energy Information Administration (EIA) reported that the US natural gas inventories fell by 204 billion cubic feet (Bcf) in the week ended 8 March, totalling 1,186 Bcf.