US Crude Oil Inventories Rise, Exceeding Estimates
US crude oil inventories rose by 2.969 million barrels. This increase contrasts with an estimated decrease of 578,000 barrels. The build follows a 640,000 barrel decrease in inventories the prior week.
The unexpected rise in crude inventories could pressure oil prices downward. This build reverses the previous week's draw, indicating a shift in supply-demand dynamics. On Hyperdash, ![]()
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