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Wednesday, 03/11/2015 2:32:34 AM

Wednesday, March 11, 2015 2:32:34 AM

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U.S. crude inventories fell 404,000 barrels last-week! SINGAPORE (Reuters) - Brent crude rose towards $57 a barrel on Wednesday, paring some of the previous session's sharp losses, after data showed U.S. crude stocks fell for the first time in two months.

The benchmark closed nearly 4 percent down in the previous session on a rallying U.S. dollar and before an industry group said U.S. crude inventories fell by 404,000 barrels last week. Analysts had expected a 4.4 million barrel build in stocks