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U.S. Crude Oil and Gasoline Inventories Rise More Than Expected
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Overview
API
U.S. crude oil and gasoline inventories increased more than expected last week, with commercial crude-oil stockpiles rising by 8.7 million barrels. Gasoline stockpiles also increased, while distillate stocks decreased. U.S. crude-oil production remained stable at 13,200 barrels a day.
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How might the increase in crude oil and gasoline inventories impact the energy market?
What are the potential implications of the stable crude oil production despite the increase in inventories?
What factors contributed to the decrease in distillate stocks?
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