Oil headed for the longest run of gains in six months as a drop in US crude production and gasoline stockpiles eased concern that OPEC-led supply curbs were proving ineffective.
Futures added as much as 1 percent in New York, advancing for a seventh session. US crude output last week fell by the most in almost a year amid field maintenance in Alaska and tropical storm Cindy, while gasoline inventories fell for a second week. OPEC and its partners are not worried about the market recovery and don't plan to discuss deeper cuts, said United Arab Emirates Energy Minister Suhail Mazrouei.
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