Supplies fell by 4.05 million barrels, which was more than the drop of 2.4 million barrels that analysts polled by Reuters had been forecasting. Analysts pointed to bigger-than-expected draw in U.S. crude supplies reported Wednesday by the U.S. Energy Information Administration. In early afternoon trading on Wednesday, the S&P/TSX composite index was up 193 points at 14,036. Stock markets continued to rally from their post-Brexit losses as they posted a second straight days of gains. The Nasdaq composite index was up 79 points at 4,771.

Source: CBC News June 29, 2016 14:47 UTC