Futures Movers: Oil prices up on stronger demand outlook, even with U.S. supplies up by more than 10 million barrels

Oil futures rose Wednesday, buoyed after the International Energy Agency raised its forecast for demand growth in the year ahead. News of a more than 10 million-barrel weekly climb in U.S. crude inventories failed to pull down prices, as analysts attributed the hefty increase to a temporary export disruption in the U.S. Gulf Coast. Price actionMarket drivers The…

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