U.S. crude-oil futures bounced back Wednesday, rebounding from a five-year low after data showed crude inventories declined, although less than forecast.Crude futures for delivery in January CLF5, +0.21% settled higher by 54 cents, or 1%, at $56.47 a barrel on the New York Mercantile Exchange.
Meanwhile, February Brent crude LCOG5, +0.34% on London’s ICE Futures exchange rose $1.17, or 1.9%, to $61.18 a barrel after it also plumbed a five-year low in earlier action.
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