Crude oil prices inched higher today after the Energy Information Administration reported a crude oil inventory draw of 7.9 million barrels for the week to July 9. The report was delayed due to a technical issue, per MarketWatch. Last week’s inventory decline compared with a draw of 6.9 million barrels for the previous week and an estimated decline of 4 million barrels, as reported by the American Petroleum Institute on Tuesday. At the time of writing, Brent crude was trading at $ 76.15 a barrel and West Texas Intermediate was trading at…
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