CNBC | Oil prices edge up on surprise drawdown in US crude stockpiles CNBC U.S. oil prices extended gains on Wednesday after industry data showed a surprise decline in U.S. crude inventories. U.S. West Texas Intermediate crude was up 35 cents, or 0.5 percent, at $72.27 a barrel by 0007 GMT on Wednesday, having settled up 14 ... Oil Rises After Industry Reports Surprise US Crude Stock Draw Oil prices extend gains on surprise drawdown in US crude stockpiles Hedge Funds Continue To Reduce Bullish Bets On Oil |