21-09-2016 17:24 via uk.news.yahoo.com

Oil up 2 percent after third surprise weekly U.S. crude draw

By Barani Krishnan NEW YORK (Reuters) - Oil prices were up as much as 2 percent on Wednesday after a surprise drop in crude stockpiles reported by the U.S. government for a third week in a row. The U.S. Energy Information Administration (EIA) said domestic crude inventories fell by 6.2 million barrels for the week ended Sept. 16, versus a 3.4 million-barrel drop forecast by oil market analysts polled by Reuters. Some 14.5 million barrels were reported drawn for the week ended Sept. 2, the bigges
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