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US crude stocks, fuel inventories decline as demand picks up, EIA says

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U.S. crude stocks, gasoline and distillate inventories all fell by more than expected in the week ending August 16 as demand and exports rose, the Energy Information Administration (EIA)said on Wednesday. Crude inventories fell by 4.6 million barrels to 426 million barrels in the week ended August 16, the EIA said, compared with analysts’ expectations ...

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