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U.S. Crude Oil Inventories Inch Up Much Less Than Expected
Source: Nasdaq
Energy Markets & PricesCommodities & Raw MaterialsEconomic Data
U.S. crude oil inventories rose in the week ended Aug. 21, but by far less than expected, based on an EIA report. The smaller-than-anticipated build is a modest supportive input for oil prices and relevant energy equities, though the direction of inventories remains technically an increase.
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