Crude Posts Slight Gain on US Inventory Draw, Dollar Weakness

摘要

Crude oil traded slightly higher Wednesday as the market gave a muted response to a decline in US crude and product inventories and upward pressure from a weaker US dollar. December Nymex futures finished 44￠ higher at $79.58 per barrel, while January Brent on ICE Futures rose 50￠ to $79.47. US Crude oil inventories fell by 900,000 barrels in the week ended Nov. 13, according to the US Energy Information Administration (EIA).