Oil gained modestly after US crude inventories reportOil gained modestly after US crude inventories report |
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International benchmarks for crude oil crawl higher on Wednesday, 17 June 2021 after the official report from the EIA that showed a sharp drawdown in US crude inventories last week, signaling a bullish demand prospect.
Brent gained 40 cents to $74.39/barrel.
WTI increased 3 cents to $72.15/barrel.