Oil rallies as U.S. gasoline inventory draw offsets crude build

April 10, 2019 admin Business News Comments Off on Oil rallies as U.S. gasoline inventory draw offsets crude build

Oil futures climbed more than 1 percent on Wednesday after U.S. data showing a deep decline in gasoline stocks overrode a rise in crude inventories to 17-month highs, and as an OPEC report showed further tightening of Venezuela’s crude supply.

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Source:: Reuters – Business News