Crude oil inventories in the United States posted a sharp draw last week, even as gasoline and distillate stockpiles recorded sizable builds, according to new data released Wednesday by the U.S.
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Oil Futures Gain on Supply Concerns, U.S. Stock Draw
1516 ET – Oil futures rise as the EIA reports an unexpected 3.3 million barrel weekly draw in U.S. crude inventories and a fourth straight drop in gasoline stocks, while refinery runs edged up 0.1%.
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