Oil rises on US gasoline draw, economic data

Maktoob Thursday 1st September, 2011

NEW YORK - Oil futures rose on Wednesday, buoyed by a government report showing a steep drawdown in gasoline inventories last week and supportive economic data.U.S. gasoline futures led the oil complex higher again for a second day, after the U.S. Energy Information Administration reported a steep 2.8 million barrel drawdown in stockpiles for the w...

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