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Oil Gains Before Supply Data While US Taps Strategic Reserves - Bloomberg
Bloomberg | Oil Gains Before Supply Data While US Taps Strategic Reserves Bloomberg Futures in New York added 1.2 percent. The U.S. government will offer 11 million barrels of crude from its Strategic Petroleum Reserve as part of a regular draw-down schedule. While the move also comes amid renewed American sanctions against Iran's oil ... Crude oil futures mixed on expected US stock draw, rising Saudi supply Oil firm on tighter US outlook, but strategic reserve release caps market Oil set for 4th straight gain as investors watch Iranian sanctions |
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