SINGAPORE (Sept 21): Oil prices climbed on Wednesday, supported by a reported draw in U.S. crude inventories and by firm import data from Japan. International benchmark Brent crude oil futures were trading at $46.46 per barrel, up 58 cents, or 1.26 percent, from their last close. Japan's customs-cleared crude oil imports rose 0.5 percent in August from the same month a year earlier, the Ministry of Finance said on Wednesday. Japan, the world's fourth-biggest crude buyer, imported 3.38 million barrels per day of crude oil last month, the preliminary data showed. Overall, however, oil markets remain oversupplied as exporters around the world pump near record amounts, while demand stutters.

Source: The Edge Markets September 21, 2016 00:33 UTC