Oil climbs as US stocks decline, but election uncertainty hangs over the market

Oil climbs as US stocks decline, but election uncertainty hangs over the market

TOKYO: Oil rose nearly 2% on Wednesday after industry data showed U.S. crude inventories fell sharply, but analysts said uncertainty crept into the market in growing suspense over the outcome of the US presidential election. West Texas Intermediate was up 71 cents, or 1.9%, at $ 38.37 a barrel at 0157 GMT, after gaining more […]

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