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Supply shortage issues push oil higher

Data from the American Petroleum Institute on Tuesday evening showed a sharp drop in crude oil and fuel inventories in the United States. According to data from the institute, crude inventories fell
May 24, 2023

Oil heads for record weekly gains

Brent crude futures rose 41 cents, or 0.6%, to $76.29 a barrel at 0245 GMT. U.S. West Texas Intermediate crude also rose 36 cents, or 0.5%, to $72.32, according to Reuters data.
May 19, 2023
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