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| Crude Oil Inventories at 2 year high |
Crude oil stocks continue to build, now at the highest levels in two years. As crude oil stocks see sharp drawdowns, we see prices spike. One would expect prices to fall as inventories build, yet upon the release of recent EIA petroleum data, oil got a bump to just over $100/bbl.
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| 11:30 am EIA report release, oil jumps nearly $3 on inventory build |
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