EnergyBasicUS Crude Oil Inventories Surge 17.4M Barrels, Approaching 5-Year Average
US crude oil inventories experienced a significant increase of 17.4 million barrels in the week ending August 7, according to the U.S. Energy Information Administration (EIA). This surge brings total commercial stockpiles to 424.4 million barrels, nearing the five-year average for this period.
Published 13 hours ago
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