Oil prices were little changed in early trade on Thursday, holding most of their gains from the previous session after another fall in U.S. crude inventories which is seen as a sign of a tighter market. Brent crude futures, the international benchmark for oil prices, were at $52.48 per barrel at 0103 GMT, down 9 cents from their last close. U.S. West Texas Intermediate (WTI) crude futures were at $48.31 a barrel, down 10 cents.

Crude futures rose more than 1 percent on Wednesday, also buoyed by potential output disruptions from a storm approaching the Gulf Coast. Traders said that ongoing declines in U.S. commercial crude storage levels were a sign of a gradually tightening market, although another rise in output held the market back, they said.

Free Trial or Commodity Market Tips >> Click Here>> http://www.ripplesadvisory.com/services.php or Missed Call @ 96444-05056.