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U.S. crude oil stocks fell less than expected, while gasoline and diesel inventories rose.
The U.S. Energy Information Administration reported a smaller-than-expected drop of 1.2 million barrels in U.S. crude oil inventories last week, bringing them to 415.6 million barrels, about 5% below the five-year average.
Gasoline and distillate fuel inventories rose by 7.7 million and 6.4 million barrels, respectively, though distillate levels remain 6% below average.
4 months ago
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