OIL PRICE: NEAR $65 AGAIN
REUTERS - Oil prices rose on Wednesday after industry data showed U.S. stockpiles fell far more than expected, alleviating concerns about oversupply, while major U.S. producers evacuated rigs in the Gulf of Mexico ahead of a brewing storm.
West Texas Intermediate (WTI) crude Clc1 had climbed 93 cents, or 1.6%, to $58.76 by 0652 GMT, having earlier risen to $58.84. Brent LCOc1 was up 70 cents, or 1.1%, at $64.86, after earlier touching $64.95.
The U.S. and global benchmarks have…
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