Oil edges up on US crude inventory draw

Oil prices saw a slight increase on Wednesday after three days of declines, driven by a significant drop in U.S. crude inventories. However, gains were tempered by concerns over Russian sanctions and potential OPEC+ production increases. U.S. crude, gasoline, and distillate stocks all experienced larger-than-expected draws last week.

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FPIs withdraw Rs 48,056 cr from D-St in Oct

Foreign investors withdrew significant funds from Indian equities in October amid concerns over inflation and crude oil prices. Despite this, there were signs of moderation