OIL FUTURES: Crude extends rally on US inventory draw, easing omicron fears

摘要

Crude futures settled higher for a second session, propelled by alarger-than-expected US inventory draw and easing pandemicconcerns.NYMEX February WTI settled $1.64 higher at $72.76/b and ICEFebruary Brent climbed $1.31 to settle at $75.29/b.US commercial crude inventories declined 4.72 million barrels to423.57 million barrels in the week to Dec. 17, Energy InformationAdministration data showed Dec. 22. The draw pushed stocks morethan 8% below the five-year average for this time of year — thetightest since mid-September.