Oil Is Little Changed After Report Shows U.S. Inventories Fell Last Week

(Bloomberg) -- Crude oil was little changed after a
government report showed that U.S. inventories fell for the
first time in six weeks.

Stockpiles dropped 1.46 million barrels to 352.6 million in
the week ended July 6, the report from the U.S. Energy
Department showed. Inventories at Cushing, Oklahoma, where oil
traded in New York is delivered, fell for a seventh straight
week.


Read more at Bloomberg Energy News