Arctic Oil Drilling
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Oil Rises, Aided by Unexpected Drop in U.S. Inventories
Oil rose in the morning Asian session, aided by the Energy Information Administration’s report on Wednesday that showed a decline of 1.4 million barrels for the week that ended May 3.The Wall Street Journal - World -
U.S. crude oil recovers losses after surprise stockpile decline
Oil prices have fallen 8% since April highs, but Morgan Stanley sees a tighter market heading into summer driving season.CNBC - Business -
Oil prices end higher after dipping to eight-week lows as U.S. crude supplies fall
Oil futures settled higher on Wednesday, finding support after a brief dip to their lowest levels in about eight weeks, as U.S. government data showed an unexpected weekly decline in domestic crude inventories.MarketWatch - Business