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Oil gains as draw in US crude stocks reinforces outlook for robust demand

Oil gains as draw in US crude stocks reinforces outlook for robust demand

June 24, 2021

TOKYO (Reuters) – Oil prices gained for a second day on Thursday after a bigger-than-expected drawdown in US crude and gasoline stocks confirmed outlook for robust fuel demand and on doubts about the future of the 2015 Iran nuclear deal that could end US sanctions on Iranian crude exports.