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The news contrasts an 884,000 barrel draw reported by the American Petroleum Institute, but is roughly inline with what analysts were expecting for the week.
The U.S. Energy Information Administration reports that crude inventories climbed by 9.5 million barrels for the week ending Feb. 10.
This small-cap firm has managed to cut costs and has been a serial buyer.
President Trump signed a resolution rolling back a rule requiring energy companies to disclose payments to foreign governments aimed at curbing bribery.