Oil in London advanced to a fresh two-year high above $75 a barrel, as industry data pointing to another drop in U.S. crude stockpiles reinforced a bullish picture for global markets. The nation’s inventories slid by a substantial 7.2 million barrels last week, the American Petroleum Institute reported, according to people familiar with the data. That would be a fifth straight week of declines if confirmed by government data later Wednesday. This latest sign of tightening comes as fuel demand bounces back from the pandemic and stalled nuclear talks defer the prospect of renewed Iranian supplies. The heads of Royal Dutch Shell Plc and TotalEnergies SE joined a chorus of industry figures warning that crude […]