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Oil prices rises after big U.S. inventory drawdown

Xinhua,December 22, 2017 Adjust font size:

NEW YORK, Dec. 21 (Xinhua) -- Oil prices continued to rally Thursday after official data showed a bigger-than-expected drop in U.S. crude stockpiles.

The West Texas Intermediate for February delivery increased 0.27 U.S. dollar to settle at 58.36 dollars a barrel on the New York Mercantile Exchange, while Brent crude for February delivery added 0.34 dollar to close at 64.90 dollars a barrel on the London ICE Futures Exchange. Enditem