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Futures & Trading

WTI Sub-$60: EIA Draws Fuel Oil Rebound Hopes

U.S. Crude Inventories Decline Amidst WTI Slide Below $60

Oil market participants are closely scrutinizing the latest U.S. Energy Information Administration (EIA) data, which reveals a significant draw in domestic crude oil inventories for the week ending April 25. This decrease of 2.7 million barrels in U.

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