Oil rises on US fuel demand, while Ukraine ceasefire talks loom

Oil prices edged up after U.S. government data showed a draw in fuel inventories, while investors kept an eye on a limited ceasefire in Ukraine. U.S. crude stocks rose by 1.7 million barrels to 437 million barrels last week, higher than expectations.

The Oil-Dollar pair gained 0.4% in the last session after rising as much as 1.0% during the session. The Stochastic indicator is giving a positive signal.
Support: 64.911 | Resistance: 68.872