Oil prices climbed higher today after the U.S. Energy Information Administration reported a crude oil inventory draw of 2.8 million barrels for the week to June 24. A day earlier, the American Petroleum Institute estimated an inventory draw of 3.8 million barrels for the week to June 24, after reporting its biggest oil inventory build since February for the week to June 17, at 5.6 million barrels . In fuels, the EIA reported builds across the board for the week to June 24. Gasoline stocks gained 2.6 million barrels in the reporting week, according to the EIA in much welcome news for motorists in the United States. Gasoline production averaged 9.5 million barrels last week, an increase over the previous week, for which the EIA has yet to supply data. In middle distillates, the EIA estimated an inventory build of 2.6 million barrels for the week to June 24, […]