TODAY OIL NEWS UPDATED BY (Shreemcx.om)

Oil prices rose on Wednesday, extending gains after an industry group reported a much bigger than expected drop in U.S. inventories, while the U.S. Navy said it may have downed a second Iranian drone last week.

Brent crude futures (LCOc1) were up 24 cents, or 0.4%, at $64.07 a barrel by 0049 GMT, after rising nearly 1% on Tuesday.

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