U.S. crude oil inventories rose significantly in the week ended March 20, according to the EIA. The build represents a near-term headwind for oil prices and is likely to exert downward pressure on energy-sector equities and oil futures.
U.S. crude oil inventories rose significantly in the week ended March 20, according to the EIA. The build represents a near-term headwind for oil prices and is likely to exert downward pressure on energy-sector equities and oil futures.
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mildly negative
Sentiment Score
-0.20