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- Oil prices climbed after yesterday's loss
Oil prices climbed after yesterday's loss
West Texas Intermediate futures for November delivery advanced to $44.80 (+0.72%), while Brent crude rose to $47.98 (+0.48%) as market participants continued assessing U.S. crude stockpiles data.
Data from the Energy Information Administration showed on Wednesday that U.S. crude oil stocks fell 1.9 million barrels in the week ended September 18 (the second weekly decline in a row). Gasoline stocks rose 1.4 million barrels. Meanwhile output rose 19,000 barrels per day to 9.136 million.
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