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WTIU - Oil settles higher after surprise drop in U.S. crude stockpiles
UBS AG London Branch ZC SP ETRACS REDEEM 04/01/2047 USD 25 - Leveraged Long
U.S. crude oil bounced off one-month lows to finish higher after the government reported domestic inventories fell by 4M barrels, compared with an expected 1.2M-barrel increase; WTI settled +1.2% to $62.12/bbl, Brent +0.7% to $70.37/bbl.
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