Oil prices jump on U.S. crude stocks fall, major refinery outage - Reuters

Oil prices jump on U.S. crude stocks fall, major refinery outage - Reuters:

Oil prices hit their highest level in nearly a month on Wednesday, buoyed by an outage at a major refinery on the U.S. East Coast and industry data that showed U.S. crude stockpiles fell more than expected.

Brent crude futures, the international benchmark for oil, were up $1.03 a barrel at $66.08 by 0721 GMT. They earlier touched their highest since May 31 at $66.25 a barrel.

U.S. West Texas Intermediate (WTI) crude futures were at $58.96 per barrel, up $1.13 from their last settlement. WTI earlier hit its strongest level since May 30 at $59.13 a barrel.