OIL FUTURES: Nymex Crude Creeps Higher After OPEC Stands Pat - Wall Street Journal

NEW YORK (Dow Jones)--Crude oil inched higher Thursday after OPEC decided to stick with current production targets, as widely expected.

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Prices moved in a tight range, as traders awaited data on oil stockpiles due at 11 a.m. EDT. Light, sweet crude for July delivery was recently up 43 cents, or 0.7%, at $63.88 a barrel on the New York Mercantile Exchange. Brent crude on the ICE Futures exchange traded 54 cents higher at $63.04 a barrel.

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