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Crude Oil Inventories Continue to Rise

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". . .inventories up by 2.8 million barrels for the second month in a row. . ."

This morning's release of the weekly energy inventory report from the Department of Energy showed that crude oil inventories increased by nearly 2.8 million barrels, which was 1.8 million barrels more than expected. With inventories up by 2.8 million barrels for the second month in a row, they remain well above their historical average.


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