U.S. oil prices extend gains as equities rise, but economic worries weigh
Share:
SEOUL (Reuters) - U.S. oil prices on Thursday extended their sharp climb from the session before amid rising stock markets, but worries over a glut in crude supply and concerns over a faltering global economy kept a lid on gains.U.S. West Texas Intermediate (WTI) crude futures , were up 26 cents, or 0.56 percent, at $46.48 per barrel at 0032 GMT. They jumped 8.7 percent to $46.22 per barrel in the previous session. Brent crude oil futures had yet to trade. They rose 8 percent to $54.47 a barrel..