Oil edged up on Wednesday as strong Chinese factory activity encouraged investor inflows into industrial commodities such as copper, although fast growing U.S. crude output tempered price gains..LONDON Reuters Oil prices rose on Wednesday as strong Chinese factory activity boosted commodity markets and China s own crude production fell, but fast growing U.S. output tempered gains. China beat forecasts with a . percent year on year rise in industrial output in the first two months of , .LONDON, March Reuters Oil prices rose on Wednesday asstrong Chinese factory activity boosted commodity markets andChina s own crude production fell, but fast growing U.S. outputtempered gains. China beat forecasts with a . percent year on year rise inindustrial output in the first two months .U.S. crude oil inventories increased in the week ending March , and refineries operated at percent of their operable capacity, or , barrels per day more than the previous week s average, said the U.S. Energy Information Administration EIA Wednesday. The API data also showed gasoline stocks .
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