Oil prices rebounded for the first time in four sessions as US crude inventories posted a much larger-than-expected draw, with WTI rising 0.85% and Brent up 0.80%.
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[New York Oil Price]Oil Prices Rebound After Four-Day Slide on Larger-Than-Expected US Inventory Draw; WTI Up 0.85%

Oil prices rebounded for the first time in four sessions as US crude inventories posted a much larger-than-expected draw, with WTI rising 0.85% and Brent up 0.80%.

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#Oil prices rose slightly: #Brent $81.33, #WTI $77.28. API shows 3.9M barrel draw in U.S. inventories. #MorganStanley sees oil surplus by 2025 due to high production & weak China demand. #OilPrices #CrudeMarket #USInventories #ChinaEconomy