Sentences with phrase «latest oil stockpiles»
Several oil drilling and production companies rose on the latest oil stockpiles figures, pushing the S&P 500's energy sector 1.7 percent higher.
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Investors will scour weekly oil inventory statistics from the Energy Information Administration later on Thursday after industry data showed a rise of 2.1 million barrels in crude stockpiles last week.
TOKYO (Reuters)-- Oil prices rose on Thursday, holding onto a late - session rally the previous day, buoyed by the U.S. government data showing a surprise drawdown in crude stockpiles.