#mehangai news - Oil drops 1 percent as US crude drawdown shrugged off

ReutersOil drops 1 percent as US crude drawdown shrugged offReutersNEW YORK Oil prices fell more than 1 percent on Wednesday after traders and investors ignored an unexpected drawdown in U.S. crude stockpiles to focus on a build in distillates, including diesel, that came in twice more than expected. Crude inventories ...and more »

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