Oil Caps Biggest Weekly Gain in Four Months as U.S. Supply Drops

  • Crude stockpiles fell the most since June last week, EIA says
  • End of oil-export ban seen helping WTI reach parity with Brent

Oil Rally Unlikely to Last, Here's Why

Oil in New York capped the biggest weekly gain in four months after U.S. crude inventories declined and drillers idled rigs.

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