RTRS: U.S. crude up $1, eyes inventory draw and equities
NEW YORK July 7 (Reuters) - U.S. crude oil futures rose $1 on Wednesday, lifted by forecasts calling for a hefty drawdown in domestic crude inventories ahead of weekly inventory reports and as equities index futures turned positive before the opening bell on Wall Street.
On the New York Mercantile Exchange at 9:22 a.m. EDT (1322 GMT), crude for August delivery CLQ0 was up 93 cents, or 1.29 percent, at $72.91 a barrel, after trading from $71.44 to $72.98. (Reporting by Gene Ramos)
