U.S. gasoline stockpiles built sharply during the latest reference week, resulting in a sharp drop in crude oil inventories.
Brent crude futures were down $1.28 at $61.55 USA a barrel approaching noon ET Wednesday, after reaching a session high of $62.93 US, while USA crude futures dropped $1.33, or 2.2%, to $56.33 U.S.
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He's expected to make the move after the upper house of parliament formally launches the race later this month. He said he would decide shortly if he would seek another six-year term.
Oil prices fell on Wednesday as a surprise drawdown in crude inventories was offset by a sharp buildup in gasoline supply.
USA crude oil imports averaged 7.2 million barrels per day last week-a decrease of 127,000 barrels per day from the previous week.
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I can only hope that I'm taking steps toward walking in the footsteps that he has left behind for the world to follow". Colin took action with no fear of consequences or repercussions, only hope to change the world for the better'.
China is the second-largest economy in the world behind the United States and data published late Tuesday by the American Petroleum Institute on gasoline inventories suggested "no one traveled on Thanksgiving", Flynn said. The EIA said refineries last week processed 17.2 million barrels of crude per day, producing 9.8 million barrels per day of gasoline, down from 10.2 million bpd in the previous week. Inventories at Cushing probably slid by 2.4 million barrels, a separate forecast compiled by Bloomberg showed. Distillate product supplied averaged over 3.9 million barrels a day for the past four weeks, up by 0.6% compared with the same period previous year.
Oil prices were mixed heading into today's data, with WTI down $.02 (-0.03%) at $57.45 at 12:06pm EST, and Brent crude up $0.14 (-0.22%) at $62.59-both benchmarks down from prices just two days before the OPEC meeting last week, despite OPEC's promise to continue the production cuts through the end of 2018. Total volume traded was about 31 percent below the 100-day average. The API report showed an increase of 9.196 million barrels, compared to forecasts of a much smaller 1.145-million-barrel build.
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Shaffer is accused of taking his own daughters and Coltharp's children and separating them to avoid being caught by authorities. The Iron County Sheriff's Office says the girls were found "dehydrated and cold", per the Spectrum .
Exxon Mobil Corp. (NYSE: XOM) traded up less than 0.1%, at $82.90 in a 52-week range of $76.05 to $93.22.