US Crude Stocks Surge Last Week: EIA
US crude inventories rose by 17.422 million barrels to 424.4 million barrels in the week ended August 7, the most since January 2023 and compared with market expectations for a 1.4 million-barrel draw.Crude stocks at the Cushing, Oklahoma, delivery hub rose by 1.768 million barrels in the week.Refi…

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