U.S. crude hits 15-month highs after big drawdown
By Ethan Lou NEW YORK (Reuters) - Oil prices jumped as much as 3 percent on Wednesday, with U.S. crude hitting 15-month highs after the government reported a surprisingly large drop in domestic inventories for the sixth week out of seven. The U.S. Energy Information Administration (EIA) said crude stocks fell 5.2 million barrels in the week ended Oct. 14. It is common for crude stocks to build at this time of year as refineries go into maintenance, turning out less gasoline and other fuel produc
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