Oil prices made small gains Thursday on the back of a weaker dollar and data that suggests a decrease in crude at a key U.S. storage hub. Light, sweet crude for July delivery, the U.S. benchmark, gained 53 cents, or 0.9%, to $60.45 a barrel on the New York Mercantile Exchange. The global Brent contract for August ended up 39 cents, or 0.6%, at $64.26 a barrel on the ICE Futures Europe exchange. In another sign of the market’s weakening volatility, this was the first four-session stretch since October that front-month U.S. prices have moved less than 1% a day. “The market really seems centered around $60,” said Kyle Cooper, managing director of research at IAF Advisors, a Houston consulting firm. Analysts have increasingly pointed to oil finding its new balance around this price after a tumble that has dropped it more than 40% from last year’s highs. Rampant […]