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U.S. crude oil inventories fell by 1.2 million barrels last week, which was less than expected, while stocks of gasoline and distillate fuels saw large builds.

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Find insights into crude oil futures , Thai Oil, and more in the latest Market Talks covering the Energy and Utilities sector.

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Gold futures rose, beginning the new year on a positive note, as investors await fresh catalysts to decide the direction of precious metals.