Oil prices were little changed on Thursday after rising to a near one-week high in the previous session, as an industry report showing a buildup in U.S. crude stockpiles pressured the market. Brent futures were up 34 cents,

Oil futures ended higher Thursday, with investors shaking off a larger-than-expected rise in U.S. crude inventories.

U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR), increased by 4.6 million barrels from the week ending February 7 to the week ending February 14, the U.S. Energy Information Administration (EIA) highlighted in its latest weekly petroleum status report.