Started by forex4you, Mar 09, 2022, 06:20 pm
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Oil prices got some support from bullish EIA data today after the U.S. Energy Information Administration reported a crude oil inventory draw of 1.9 million barrels for the week to March 4. At 411.6 million barrels, the EIA said, crude oil inventories are 13 percent below the five-year average for this time of the year. A week earlier, the EIA had estimated an inventory draw of 2.6 million barrels, which helped strengthen the oil price rally accelerated by of e. In fuels, the EIA reported draws across the board. Gasoline...
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