Benchmark oil for April delivery inched up to US$92.7 per barrel on the Nymex. Oil has risen for the fifth consecutive trading session despite expectations of ample inventories in weekly US crude stocks. Data for the week ending March 8 is expected to show an increase of 2.3 mln barrels in crude oil stocks and a drawdown of 1.5 mln barrels in gasoline stocks, according to a survey of analysts by Platts.
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