WASHINGTON (dpa-AFX) - Crude oil prices nudged higher Thursday morning ahead of a pivotal U.S. jobs report that may shed light on when the Federal Reserve will raise interest rate.
Good news from the jobs front may signal a rate hike as early as September.
Meanwhile, Greece appears set to go ahead with Sunday's vote on the terms of its bailout plan.
U.S. crude oil was up 23 cents at $57.16 a barrel.
Prices fell sharply yesterday when the U.S. Energy Information Administration reported that domestic oil stockpiles unexpectedly rose by 2.4 million barrels last week.
Stockpiles had ben dwindling since April as shale producers scaled back due to low prices.
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