Crude oil prices held on to gains Friday after a U.S. government weekly fuel supply report showed an unexpected decline in crude oil stockpiles.
Light, sweet crude for July delivery added 5 cents to $64.06 a barrel in Asian electronic trading on the New York Mercantile Exchange, midday in Europe.
"A further rise is unlikely given there are no factors to drive the price upward," said Ken Hasegawa with Tokyo brokerage Himawari CX. The Nymex crude contract on Thursday rose 52 cents to settle at $64.01 a barrel.
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