Oil heads for two-year high as U.S. stocks shrink ahead of OPEC

by | November 22, 2017 8:37 am

Oil headed for its highest close since June 2015 while trading volume surged after U.S. industry data showed crude stockpiles resumed declines and as investors await a decision by OPEC on extending output cuts. January futures rose as much as 1.7 percent in New York on volume seven times higher than the 100-day average. Inventories…

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