Oil rises on surprise draw in U.S. stocks, prospect of OPEC action

HOUSTON (Reuters) - Oil rose above $60 a barrel on Wednesday after government data showed a surprise draw in U.S. crude stocks and as the prospect of deeper output cuts by OPEC and its allies offered support.U.S. crude stocks fell by 1.7 million barrels last week as refineries hiked crude runs by 429,000 barrels per day (bpd), the Energy Information Administration said. Analysts had expected an increase in U.S. inventories of 2.2 million barrels.Brent crude futures were up 44 cents, or 0.74%,..