Oil jumps more than 1 percent as U.S. gasoline stock draw overshadows crude build

April 10, 2019 admin Business News Comments Off on Oil jumps more than 1 percent as U.S. gasoline stock draw overshadows crude build

Oil prices rallied more than 1 percent on Wednesday after U.S. data showing a deep drawdown in gasoline stocks overshadowed crude inventories rising to 17-month highs, and as sanctions and blackouts in Venezuela helped tighten global supply.

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Source:: Reuters – Business News