Oil Rebounds From Biggest Slump In Four Weeks On Stockpile Drop


Oil rebounded from the biggest daily loss in four weeks as industry data showed U.S. crude and gasoline stockpiles declined. Futures climbed as much as 1.7% in New York, paring Wednesday’s 4.1% loss. Crude and gasoline inventories both dropped by more than by 5.5 MMbbl last week, the American Petroleum Institute was said to report….

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