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Tag: U.S. oil supply

Commercialization, Conventional Fuels

Oil prices erase losses on a bigger than expected inventory drop

June 19, 2019

Via: CNBC energy

Oil prices turned around on Wednesday after a surprise draw down in U.S. supply lifted sentiment in the market. U.S. crude inventories decreased by 3.1 million barrels last week, according to Energy Information Administration. Brent crude futures traded 22 cents […]