(Bloomberg) -- Oil steadied after posting the first gain in five sessions, as US crude inventories dropped again and Russia pledged to make extra production ...
-- Oil steadied after posting the first gain in five sessions, as US crude inventories dropped again and Russia pledged to make extra production cuts to compensate for pumping above its OPEC+ quota. West Texas Intermediate held above $77 a barrel after gaining 0.8% on Wednesday, with Brent closing below $82. Commercial crude inventories fell by 3.74 million barrels, down for a fourth week, with stockpiles of gasoline also shrinking, according to Energy Information Administration data.
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Bloomberg Energy Information Administration West Texas Intermediate Production Cuts
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