U.S. crude stocks highest since July 2017 on weak refining demand -EIA

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News Wires — U.S. crude oil inventories rose unexpectedly last week, hitting their highest levels since July 2017, due to weak refinery output, particularly in the Midwest, the Energy Information Administration said on Wednesday. Crude inventories rose 4.7 million barrels in the week ended May 17, compared with analysts’ expectations for a decrease of 599,000 […] More »
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