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Gasoline futures end at 4-month high as U.S. inventories drop; U.S. oil benchmark falls

Myra P. Saefong
Gasoline futures end at 4-month high as U.S. inventories drop; U.S. oil benchmark falls

A drop in U.S. gasoline stockpiles that was more than double market expectations lifts futures prices for the fuel to their highest in over four months on Wednesday, but U.S. benchmark oil prices decline following a hefty weekly rise in domestic crude inventory.