Oil jumps by most since July as surprise drop in U.S. inventories adds to supply concerns

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Crude oil futures surged to seven-week highs Wednesday as a surprise draw in U.S. weekly crude inventories combined with continued Ukrainian strikes on Russian oil facilities to raise concerns about tightening supplies.

U.S. crude inventories fell by 607,000 barrels last week, the

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3. Oil jumps by most since July as surprise drop in U.S. inventories adds to supply concerns