Tag: Commodities

Oil Inventories Rise by 0.62M Barrels Last Week: API

By Yasin Ebrahim Investing.com – U.S. crude stockpiles rose last week, adding to investor concerns of a jump in global oil supplies amid growing expectations an Iran nuclear deal is near. West Texas Intermediate, the benchmark for U.S. crude prices, was down $0.98 a barrel to $65.30 on the news, after settling down $0.49 at $65.41 a barrel. U.S. crude

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