Oil Futures Trim Losses After EIA Shows Large Stock Draw

WASHINGTON (DTN) — New York Mercantile Exchange West Texas Intermediate and ULSD futures pared earlier losses in late-morning trade Wednesday, and RBOB reversed higher after inventory data from the Energy Information Administration showed across-the-board drawdowns from U.S. commercial crude and refined fuels inventories as demand for gasoline spiked above 9.5…Read More

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