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The U.S. Has Too Much Oil and Nowhere to Put It - Bloomberg
Bloomberg | The U.S. Has Too Much Oil and Nowhere to Put It Bloomberg Seven months ago the giant tanks in Cushing, Okla., the largest crude oil storage hub in North America, were three-quarters empty. After spending the last few years brimming with light, sweet crude unlocked by the shale drilling revolution, the tanks ... Oil inventories continue to defy gravity despite reduced industry activity Oil pares loss but sticks to a two-week low Oil prices rise before US inventories data |
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