U.S. oil stockpile reverses nine weeks of build-up

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U.S. oil stockpile reverses nine weeks of build-up
16 March 2017, New York — U.S. crude stocks fell last week as imports plummeted, dropping after nine consecutive increases, while gasoline and distillate inventories declined more than expected, the Energy Information Administration said on Wednesday. The stockpiles have been closely watched by oil traders eager to determine whether a November agreement to cut output […] More »
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