Oil Futures End Lower As U.S. Crude Supply Rise Outweighs Support From OPEC Talk
Oil futures ended lower Wednesday, pressured by data showing that U.S. crude inventories rose 5.3 million barrels for the week ended Nov. 11. However, prices found some support following a report indicating that Russia will support the Organization of the Petroleum Exporting Countries' deal to curtail output. December West Texas Intermediate crude fell 24 cents, or 0.5%, to settle at $45.57 a barrel on the New York Mercantile Exchange.
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