Oil gains as US fuel stocks drop, OPEC+ considers deal rollover

NEW YORK: Oil prices rose more than 2% on Wednesday, boosted by a huge drop in US fuel inventories and expectations that OPEC+ producers might decide against increasing output when they meet this week.

US gasoline stocks fell last week by the most on record and refining output fell to a record low in the wake of a deep freeze in Texas that shut production.

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