NEW YORK, Oct 27 (Reuters) – U.S. crude oil futures prices pared losses on Wednesday after after a government oil inventory report showed a large drop in gasoline stockpiles last week, against a forecast for stocks to be up slightly.
The U.S. Energy Information Administration’s report showed crude stocks rose 5.01 million barrels, more than forecast but less than the rise reported Tuesday by industry.
Gasoline stocks fell 4.39 million barrels, after being expected to be up 200,000 barrels. Distillate stocks fell near expectations.

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