Oil rises after ninth weekly stock drawdown in U.S

By Christopher Johnson LONDON (Reuters) - Oil prices moved slightly higher on Thursday after the U.S. Energy Department reported a ninth consecutive weekly drawdown of crude stocks, although an overall build in oil inventories capped gains. U.S. West Texas Intermediate crude for September delivery , the new front-month contract from Thursday, was up 15 cents at $45.90 a barrel at 0800 GMT. Brent crude's front-month contract was up 15 cents at $47.32 a barrel.