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CRUDE OIL NEWS UPDATED BY TRADELINE COMMODITY

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Oil costs increase after greater than-anticipated fall in U.S. reserves

Oil costs exchanged higher on Wednesday after an industry report said U.S. rough stores fell a week ago by more than double the sum that examiners in a Reuters survey had conjecture.

Brent rough prospects (LCOc1) rose 51 pennies, or 0.6%, to $62.89 a barrel by 0405 GMT, while West Texas Intermediate (WTI) fates (CLc1) were up 54 pennies, or 0.9%, to $57.94 a barrel.
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