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Story summary
- The U.S. Energy Information Administration reported a 3.2 million-barrel drop in crude inventories for the week ending October 2.
- Commercial crude stockpiles fell to 424.1 million barrels, 1 % above the five-year average.
- Brent crude rose to $101.79 per barrel (+1.20%) and WTI to $89.92 (+0.54%).
- Motor gasoline inventories increased 400,000 barrels while total product supply averaged 21.1 million barrels per day, up 0.7 % YoY.