Oil futures pulled back some in Asian trading following fresh overnight gains in the U.S. as weekly inventory data loom.
--October Nymex light, sweet crude on the New York Mercantile Exchange was recently down 0.2% at $49.06 a barrel in the Globex trading session after notching a 4-week settlement high Wednesday. November Brent fell 0.3% to $54.03 on London's ICE Futures and October Nymex gasoline dropped 0.3% to $1.6691 a gallon.
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--Investors reacted little to the American Petroleum Institute's weekly US inventory data, which showed a smaller increase to oil stockpiles and smaller drop in gasoline inventories than is anticipated in later Thursday's government release.
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(END) Dow Jones Newswires
September 07, 2017 00:54 ET (04:54 GMT)