By Biman Mukherji 
 

--Oil futures maintained Thursday's 1.5%-plus gains in Asian trading after the market was bolstered by weekly U.S. data.

--April light, sweet crude on the New York Mercantile Exchange was recently up 5 cents at $62.82 a barrel in the Globex trading session. April Brent fell a penny to $66.36.

--After hitting multiple record highs of late, U.S. government data showed daily domestic crude production held steady last week while exports rose, helping send inventories down modestly. Analysts said that could mean a further rebound for oil--especially if the dollar weakens anew. A pullback for the dollar also helped Thursday's gains.

 

Write to Biman Mukherji at biman.mukherji@wsj.com

 

(END) Dow Jones Newswires

February 22, 2018 23:14 ET (04:14 GMT)

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