Oil Surges After U.S. Crude Supplies Tumble the Most Since 1999

Updated on
  • U.S. inventories fell by 14.5 million barrels last week: EIA
  • Crude imports drop as Hermine entered Gulf of Mexico

U.S. Oil Supplies Drop Most Since 1999

Oil jumped the most in almost five months after the biggest drawdown in U.S. crude inventories in 17 years.

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