Oil Jumps After Industry Group Reports U.S. Crude Supply Decline

Oil edges up but set for weekly fall on Iran nuclear talks

By Administration_ India Capital Sands Oil extended gains after an industry group reported a larger-than-expected decrease in U.S. crude stockpiles. Futures in New York rose in after-market trading after closing 0.8% higher on Tuesday amid thin liquidity. The American Petroleum Institute reported domestic crude inventories fell 4.79 million barrels last week. That would be the largest stockpile […]