EIA data show bigger-than-expected oil supply rise

Oil futures pared losses Thursday after the U.S. Energy Information Administration reported a bigger-than-expected climb in last week’s crude inventories and a drop in gasoline supplies. Crude supplies rose by 4.1 million barrels for the week ended Feb. 15. Analysts polled by Platts expected a 2…

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EIA data show bigger-than-expected oil supply rise