Data from the U.S. Energy Information Administration Wednesday showed that domestic crude supplies fell by 1.8 million barrels for the week ended Sept. 22. That’s contrary to the forecast for a rise of 1.3 million barrels by analysts surveyed by S&P Global Platts. The American Petroleum Institute had reported late Tuesday a fall of 761,000 barrels, according to sources. Gasoline stockpiles were up 1.1 million barrels for the week after three consecutive weeks of declines, while distillate stockpiles fell 800,000 barrels, according to the EIA. November crude rose 28 cents, or 0.5%, to $52.16 a barrel on the New York Mercantile Exchange. Prices traded at $52.04 before the supply data.
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