Oil prices rise driven by strong demand and US inflation data

Oil prices maintained, today, Thursday, the gains they began in the previous session amid indications of strong demand in the United States. Brent crude futures rose 42 cents, or 0.5 %, to $83.17 per barrel. While US West Texas Intermediate crude rose 43 cents, or 0.6 %, to $79.06. Crude inventories fell by 2.5 million barrels to 457 million barrels in the week ending May 10. Source: National Iraqi News Agency