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Oil nears $94 per barrel

Por: Fox Business Business September 27, 2023

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Lipow Oil Associates President Andy Lipow says the private sector is doing the 'heavy lifting' to increase supply and lower prices. The is nearing $94 per barrel after U.S. crude inventories fell by 2.2 million barrels last week, according to the Energy Information Administration (EIA). Total U.S. oil supply ended the week at just 416.3 million barrels, the EIA said, 4% below the five-year average.  U.S. Oil Fund The crude shortage... + full article



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