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Oil prices rally on US inventories
Follow - up / ... stepped up crude oil prices in trading Wednesday, supported by preliminary data on US crude oil inventories in the United States.
The US Petroleum Institute announced Tuesday evening that crude inventories in the United States fell 8.6 million barrels in the week ending September 8.
By 1330 GMT, the benchmark Brent crude for November delivery rose 0.48 percent, or 41 cents, to $ 79.48 a barrel.
While US crude for October delivery rose 1 percent, or 69 cents, to 69.94 dollars per barrel.
Later in the day, official data on US crude inventories are expected to be released by the US Energy Information Administration. Finished
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