CRUDE OIL NEWS BY SHREEMCX

Crude oil prices moved higher on Wednesday, after an industry report on Tuesday showed that U.S. stockpiles rose less than expected last week although traders were still eyeing the release of official U.S. supply data due later in the day amid lingering concerns over output levels.

U.S. Energy Information Administration was set to release its weekly supply report later Wednesday. Analysts expect a rise of 2.02 million barrels for last week.

(7617460004) shreya

www.shreemcx.com