Oil gains on drop in US crude stockpiles

US Energy Information Administration News

Oil gains on drop in US crude stockpiles
Oil Prices
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Oil prices (BZ=F, CL=F) rose on Wednesday following a report from the US Energy Information Administration (EIA) showing that US crude oil stockpiles fell by...

) rose on Wednesday following a report from the US Energy Information Administration showing that US crude oil stockpiles fell by 4.9 million barrels last week.Oil rising in today's session after data showed us crude inventories fell for a third straight week.This was after more than a 1% decline yesterday.The Energy Information Administration which said that energy firms drew down about 4.9 million barrels of crude from storage last week.

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