U.S. oil benchmark ends moderately lower

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U.S. oil benchmark ends moderately lower
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The U.S. oil benchmark fell Thursday, declining for a second session a day after data showed a larger-than-expected rise in crude inventories. West Texas...

The U.S. oil benchmark fell Thursday, declining for a second session a day after data showed a larger-than-expected rise in crude inventories. West Texas Intermediate crude for May delivery CLK9, -0.48% on the New York Mercantile Exchange fell 36 cents, or 0.6%, to settle at $62.10 a barrel. The Energy Information Administration on Wednesday said U.S. crude stocks rose 7.2 million barrels in the week ended March 29, defying expectations for a small drop.

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