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Oil prices tally a third straight loss as U.S. crude supplies post biggest weekly rise in a month

Por: MarketWatch Business November 09, 2022

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Price action Market drivers Oil prices extended their early Wednesday declines after the Energy Information Administration reported that by 3.9 million barrels for the week ended Nov. 4. That came on the heels of a 3.6 million-barrel weekly decline in the nation’s Strategic Petroleum Reserve, EIA data show. Crude stocks “rose in excess of the SPR volumes” released by the Energy Department last week, as U.S. crude exports declined, imports... + full article



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