Oil prices extend gains, buoyed by unexpected drop in US gasoline stocks

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Oil prices extend gains, buoyed by unexpected drop in US gasoline stocks Brent crude futures had risen 8 cents, or 0.1 percent, to $72.98 by 0043 GMT. They climbed 1 percent on Wednesday after initially falling to the lowest in three months following the release of official production and stockpile data, which also showed a surprise build in U.S. crude inventories.

from Moneycontrol Commodity News https://ift.tt/2zOKoe3

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