Oil price surge reverses as inventories soar – OilPrice.com

Oil price surge reverses as inventories soar – OilPrice.com

The American Petroleum Institute (API) on Tuesday reported an increase in crude oil inventories of 4.146 million barrels for the week ending November 27. Analysts had predicted an inventory drawdown of 2.358 million barrels for the week. The week before, API reported an increase in oil inventories of 3.8 million barrels, after analysts predicted a […]

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