U.S. crude inventories surged by 10.263 million barrels last week, indicating a substantial supply build. Oil prices retreated as Middle East tensions eased and the large inventory increase weighed on near-term oil price support.
U.S. crude inventories surged by 10.263 million barrels last week, indicating a substantial supply build. Oil prices retreated as Middle East tensions eased and the large inventory increase weighed on near-term oil price support.
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mildly negative
Sentiment Score
-0.15
