NEW YORK -- Crude-oil futures rose to end above $71 a barrel Wednesday for the first time in more than seven months after government data showed a surprising decline in last week's inventories, as imports fell and gasoline demand picked up. Crude inventories fell by 4.4 million barrels in the week ended June 5, the Energy Information Administration reported. Analysts surveyed by energy information provider Platts had expected an increase of 800,000 barrels. July crude rose $1.32, or 1.9%, to end at $71.33 a barrel on the New York Mercantile Exchange, closing at the highest level for a front-month contract since Oct. 20.
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