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Crude Oil Prices Slip Again As US Inventories Increase, OPEC Meet Eyed

March 27, 2024

Via: DailyFX

Crude Oil Prices look set to make Wednesday a second day of falls as the market still looks keen on taking some profit after this month’s rise to highs not seen since October.

News that US stockpiles increased very markedly this month is probably weighing on prices. Reuters reported an increase of 9.3 million barrels of crude, citing market sources basing their views on the most recent data from the American Petroleum Institute.

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