Oil pared gains late in the session as protests in Washington overtook the U.S. Capitol, overshadowing a draw in U.S. crude inventories and Saudi Arabia’s surprise pledge to unilaterally cut output in the next two months. Futures eased off 10-month highs in choppy trading after the market settled Wednesday. Earlier, oil rose after a U.S. government report showed domestic crude stockpiles declined last week by the most since August and oil exports from Saudi Arabia plunged to zero for the first time in 35 years. “This is as unsettling as it gets for capital markets and crude is right there with that,” said John Kilduff, a partner at Again Capital LLC. “When you have big gains in crude oil like you’ve had in the past couple weeks, that’s going to be one of the first things to go.” Further […]