Oil May Rise as U.S. Inventories Drop, Survey Shows
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Oil may increase next week after an Energy Department report showed that U.S. crude and fuel inventories tumbled, a Bloomberg News survey showed.
Sixteen of 37 analysts, or 43 percent, forecast crude oil will climb through Nov. 19. Twelve respondents, or 32 percent, predicted prices will fall and nine estimated there would be little change. Last week, 59 percent said futures would increase.