SINGAPORE: Oil futures declined Thursday following the release of a U.S. weekly petroleum supply snapshot showing crude and gasoline stocks rose, and as warmer-than-usual weather in the U.S. offset a drop in distillate stocks, which include heating oil.
In its weekly supply report, the federal Energy Information Administration said crude-oil inventories rose 4.5 million barrels to 323.6 million barrels in the week ended Nov. 4 from a week earlier.
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