Oil rises as US crude stockpile drop adds to sense of tighter supply
By
Binu Mathew
Oil prices rose for a second day on Wednesday as an industry report showed U.S. crude inventories declined last week, adding to a sense in the market of tightening supplies.
Brent futures rose 27 cents to $67.90 a barrel by 0005 GMT. U.S. West Texas Intermediate crude futures gained 28 cents to $63.69.








