Latest Oil Market News and Analysis for July 17

Oil edged higher after a three-day drop as traders tracked US stockpiles and the latest twists in the Washington-led trade wars.

Brent rose toward $69 a barrel after shedding more than 2% over the previous three sessions, while West Texas Intermediate was near $67. US government dataBloomberg Terminal released on Wednesday was mixed, with an increase in distillate inventories but a decline in nationwide crude holdings.

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