Oil climbed to the highest in more than a week as shrinking crude inventories and further signs of a demand pick-up in the U.S. countered concerns around the prospect of more Iranian supply. Futures in New York closed above $66 a barrel after swinging between small gains and losses during Wednesday’s session. U.S. crude stockpiles fell to the lowest since late February last week, according to a government report, while gasoline and distillate supplies also dropped. Gauges of fuel demand for the country continue to highlight progress toward a return to normal consumption levels. Meanwhile, world powers continue to conduct talks to revive a nuclear agreement with Iran. A deal could pave the way for the lifting of sanctions and the unleashing of a flood of Iranian barrels stashed on tankers at sea. “The fundamentals in […]