REUTERS – Oil prices jumped more than 2 percent on Wednesday after the U.S. government reported a big U.S. crude inventory draw for last week, surprising analysts who had expected a build instead.
Brent crude futures rose $ 1.20, or 2.7 percent, to $ 46.72 per barrel by 10:36 a.m. EDT (1436 GMT). U.S. crude’s West Texas Intermediate futures gained $ 1 to $ 45.66.
(Reporting By Barani Krishnan Editing by W Simon)