Oil prices rise after signs of U.S. production dip

April 15, 2015 2:17 AM

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Oil prices rise after signs of U.S. production dip

SINGAPORE (Reuters) - Oil prices rose in early Asian trading on Wednesday after signs of a dip in U.S. production, but trading was cautious ahead of an anxiously awaited reading on China's growth pulse.

Front-month Brent crude futures LCOc1 were trading up 42 cents a $58.85 a barrel by 0141 GMT, while U.S. crude CLc1 had risen 38 cents to $53.67.

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