Oil Recovers to End With Small Loss After Bearish Inventory Data

摘要

Crude futures recovered to close with re- duced losses Wednesday after dropping be- low $74 on bearish US inventory data. Nymex September crude lost 35￠ to set- tle at $75.42 per barrel after hitting a low of $73.83. The Brent October crude con- tract, trading on ICE Futures in London, lost 46￠ to $76.47. Nymex October crude fell 38￠ to $75.78.