Crude oil futures ended higher on Thursday, as the U.S. government reopening after an historic shutdown has renewed confidence in the economy and increased consumption and energy demand. However, gains remained capped as U.S. Energy Information Administration said that crude oil inventories in the U.S. rose by 6.413 million barrels for the week ending November 7.
Benchmark crude oil futures for December increased $0.20 or 0.34% at $58.69 a barrel on the New York Mercantile Exchange. Brent crude for January delivery gained $0.30 or 0.48% to settle at $63.01 a barrel on London's Intercontinental Exchange.
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