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Oil prices end higher, with a weekly data expected to show a fall in U.S. crude supplies

Oil futures settled higher Tuesday, ahead of data due out later this week that is anticipated to expose a sizable decline in U.S. crude stockpiles. Analysts polled via S&P Global Platts expect the Energy Information Administration on Thursday to show a fall of four.five million barrels in crude provides, along side inventory declines of 2.five million for fuel and 250,000 for distillates. The information will probably be launched an afternoon later than same old because regular trading will probably be halted Wednesday for Independence Day. August West Texas Intermediate crude CLQ8, +0.34% tacked on 20 cents, or 0.3%, to settle at $74.14 a barrel on the New York Mercantile Exchange, recouping all but a penny of Monday's loss.