Oil futures ended lower Wednesday, pressured by data showing that U.S. crude inventories rose 5.3 million barrels for the week ended Nov. 11. However, prices found some support following a report indicating that Russia will support the Organization of the Petroleum Exporting Countries’ deal to curtail output. December West Texas Intermediate crude fell 24 cents, or 0.5%, to settle at $45.57 a barrel on the New York Mercantile Exchange.
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