U.S. crude oil trades above $82 per barrel, on pace for second weekly gain in a row

U.S. crude rose Thursday to trade above $82 per barrel, with the benchmark heading for its second weekly gain in a row, as oil and gasoline inventories fell.

West Texas Intermediate has gained 4.7% this week, while global benchmark Brent is up 3.7%. Prices found support Thursday as U.S. crude and gasoline stockpiles fell for the first time in weeks, suggesting an uptick in demand.

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