Oil pares gains as U.S. inventory draw smaller than expected

Oil pares gains as U.S. inventory draw smaller than expected
12 December 2018, News Wires — Oil pared gains Wednesday after U.S. crude inventories fell less than expected, but remained supported by a cut in Libyan exports and an OPEC-led deal to trim output. U.S. crude stockpiles fell by 1.2 million barrels in the week to Dec. 7, the U.S. Energy Information Administration said, smaller … More »

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