Oil futures erase loss after inventory draw

|By:, SA News Editor

WTI crude erases nearly all of an earlier loss after EIA data shows a 2.8M barrel decline in oil inventory.

Gasoline stocks fell 1.2M barrels, while distillates grew 2M (the heating season approaches).

USO -0.05%.

Other related: OIL, DBO, OLO, USL, CRUD, UCO, DTO, SCO, SZO, DNO, UWTI, DWTI.