Crude Oil Slumps as EIA Data Reveals Stockpile Build and Softening Demand
U.S. crude oil inventories increased by 100,000 barrels last week while total product demand fell 3.0% year-over-year, pressuring WTI and Brent crude prices lower.
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U.S. crude oil inventories increased by 100,000 barrels last week while total product demand fell 3.0% year-over-year, pressuring WTI and Brent crude prices lower.