Crude oil prices trended lower today after the U.S. Energy Information Administration reported an estimated inventory increase of 12 million barrels for the week to February 9. The change compared with a build of 5.5 million barrels for the previous week. The American Petroleum Institute had a day earlier estimated an inventory build of a sizeable 8.52 million barrels for the week to February 9. In fuels, the Energy Information Administration estimated draws. Gasoline stocks shed 3.7 million barrels in the reporting…
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