This surprise amount of oil inventory increase in the US will not help oil prices rally. Here’s a robust update on the oil market…
The American Petroleum Institute (API) has estimated a major crude oil inventory build of 10.45 million barrels for the week ending October 10—compared to analyst expectations of a much smaller 2.878-million-barrel build.
This surprise amount of oil inventory increase in the US will not help oil prices rally.
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