CNBC | Oil rises; US crude inventories fall by 5.9M barrels CNBC Oil prices rose as much as 4 percent on Wednesday, underpinned by an unexpectedly large fall in U.S. crude inventories, but were still close to multi-year lows as supplies remained abundant and as OPEC lowered the demand outlook for its exports. The ... Oil up after US crude stocks drop, still close to multi-year lows Oil Bettors Seek Safety in Proxies Oil extends gains after OPEC predicts rebound to $70 a barrel |