UPDATE 2-Oil prices up on lower U.S. crude stocks, but growing output caps gains
Dec 14 (Reuters) – Oil markets rose on Thursday, lifted by a fourth straight weekly fall in U.S. crude inventories, though climbing output capped prices well below the 2015 highs reached earlier this week.
U.S. West Texas Intermediate (WTI) crude futures CLc1 were at $56.69 a barrel at 0545 GMT, up 9 cents, or 0.2 percent, from their last settlement.
Brent crude futures LCOc1 , the international benchmark for oil prices, were at $62.79 a barrel, up 35 cents, or 0.6 percent from their last close.
U.S. crude oil stockpiles fell by 5.1 million barrels in the week to Dec. 8, the fourth consecutive week of decline, to 442.99 million barrels, lowest since October 2015. EIA/S