Today’s build in crude inventories is in line with seasonal trends and adds to the 4.1 million barrels that the EIA estimated for the week prior.
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Oil futures ticked up slightly Thursday after industry data showed a rise in U.S. crude inventories ahead of official figures ...
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From a technical analysis standpoint, Brent has tapped into a key area just above the 77.00 price handle. There is an area of resistance resting above at 77.68 with the 200-day MA resting at 77.91.
U.S. crude stocks rose by 3.34 million barrels last week market sources said, citing American Petroleum Institute figures, on ...
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