Oil Advances as U.S. Crude Stockpiles Seen Falling, Easing Glut

  • EIA projected to report U.S. supplies declined a second week
  • Saudi Arabia seen planning on $37 a barrel Brent oil in 2016

Kit Juckes: Oil Is the Exogenous Thing That Dominates

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Crude climbed as traders counted on another week of declines in U.S. crude inventories to help ease the glut that’s pushed prices below $40 a barrel.

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