Oil futures strengthen after US crude draw

摘要

New York—Oil futures rose Wednesday after Energy Information Administration data showed a surprise draw in US crude stocks, while refined product cracks weakened on signs of falling demand. NYMEX November crude settled $1.31 higher at $51.60/b. ICE December Brent settled up 99 cents at $52.67/b. NYMEX November ULSD settled 1.93 cents higher at $1.5879/gal. NYMEX November RBOB settled up 79 points at $1.5136/gal. US crude stocks fell 5.247 million barrels to 468.711 million barrels in the week that ended October 14, EIA said.