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US crude oil inventories rise, but less than forecasted, signaling stronger demand

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The American Petroleum Institute (API) has reported a rise in the inventory levels of US crude oil, gasoline, and distillate stocks. The actual increase in crude inventories was 2.860 million barrels, a figure that provides an overview of US petroleum demand. This increase, while significant, was less than the forecasted rise of 3.700 million barrels. ...

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