Oil Prices Climb Higher As The EIA Reports Inventory Draw ...Middle East

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Oil Prices Climb Higher As The EIA Reports Inventory Draw
Crude oil prices continued to climb today after the Energy Information Administration reported a crude oil inventory draw of 800,000 barrels for the week to November 20. A day earlier, the American Petroleum Institute reported an inventory build of 3.8 million barrels for the period. Analysts had expected the EIA to report a modest 127,000-barrel build in inventories. A week earlier, the EIA estimated a crude oil stock draw of 800,000 barrels as well. In gasoline, the EIA reported an inventory increase of 2.2 million barrels for the week to November…

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