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Oil up 1% on U.S. crude stocks fall, OPEC comments on U.S. shale growth

Oil up 1% on U.S. crude stocks fall, OPEC comments on U.S. shale growth

Oil rose on Thursday after industry data showed a surprise drop in U.S. crude inventories, while comments from OPEC about lower-than-expected U.S. shale production in 2020 also provided some support.