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(Reuters) -An escalation of the Iran-Israeli hostilities could keep Brent oil prices trading about 15% to 20% above ...
Oil prices bounced back on Wednesday morning after the EIA confirmed a very significant draw in crude inventories ...
Meanwhile, gasoline inventories rose by 200,000 barrels, off from analyst forecasts of a 400,000-barrel increase.
As a net importer of crude, India faces mounting risks from rising oil prices — with potential implications for its economy, ...
Oil stocks in the U.S. fell by well more than anticipated by surveyed analysts, and are 10% off from their average size.
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