Crude oil stocks fall 6.2 million barrels
Oil prices shot up more than 3% today as U.S. crude stockpiles record the third straight inventory draw for the week ended September 16, 2016. WTI was trading above $45.50 in the afternoon, after opening at $44.50.

U.S. stockpiles fell by 6.2 million barrels to 504.6 MMBO, the lowest level since February 12, 2016, surprising markets today. Reuters forecasted a 3.4 MMBO build.

Oil prices were also helped today by a weakening U.S. dollar. The dollar fell against other major currencies Wednesday aft...

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