Oil futures finished higher Wednesday, after data from the U.S. government revealed that crude stockpiles fell for a ninth week in a row, and by more than the market expected.August West Texas Intermediate crude CLQ6, +0.45% added 29 cents, or 0.7%, to settle at $44.94 a barrel on the New York Mercantile Exchange. The contract, which expired at Wednesday’s finish, was trading at $44.16 before the supply data. September WTI crude, which became the front-month contract, settled at $45.75, up 30 cents, or 0.7%.
September Brent crude LCOU6, +0.15% on London’s ICE Futures exchange rose 51 cents, or 1.1%, to $47.17 a barrel.
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