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US weekly oil inventory data is coming up next

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Weekly US petroleum inventory data

Weekly US petroleum inventory data

Oil is bouncing around ahead of tomorrow’s OPEC+ meeting. WTI was last at $73.72 after rising as high as $74.12.

The next big input is the weekly US storage report at the bottom of the hour.

API data late yesterday:

  • Crude -8153K
  • Gasoline +2418K
  • Distillates +428K
  • Cushing -1318K

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