15-06-2016 18:08 via uk.news.yahoo.com

Oil down again but pares losses after U.S. crude drawdown

By Barani Krishnan NEW YORK (Reuters) - Oil prices fell on Wednesday, on track for their fifth straight daily decline, as global markets slid on worries that Britain might leave the European Union, although crude futures pared losses after U.S. government data showed a draw in crude stockpiles. U.S. crude stockpiles fell by 933,000 barrels last week, the Energy Information Administration (EIA) said, less than half the 2.3 million-barrel draw anticipated by the market. "In short, this data will d
Read more »