Reuters | Oil jumps 3 percent on Saudi price target, US stockpiles Reuters Prices were supported as U.S. oil stockpiles fell across the board last week with gasoline and distillates drawing down more than expected on stronger demand, according to data from the U.S. Energy Information Administration. Crude inventories dropped ... Oil Rises Amid Shrinking US Surplus as OPEC Prepares to Gather Oil settles at a nearly 3 1/2 year high after a surprise weekly fall in US crude stocks Oil Hits 40-Month High as Inventories Drain |