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Crude oil inventories rise unexpectedly, pressuring prices

The Energy Information Administration (EIA) released its latest report on crude oil inventories, revealing a significant increase in stockpiles. According to the report, crude oil inventories rose by 4.657 million barrels. This figure starkly contrasts with the anticipated decline of 0.600 million barrels, as forecasted by analysts. The unexpected rise in crude oil inventories suggests ...

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