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US crude inventories unexpectedly rise by 2.6 million barrels

From cnbc.com

Oil prices dipped on Wednesday ahead of U.S. oil data expected to show falling crude and gasoline stockpiles. Prices consolidated after a six-week rout driven by global oversupply and concerns about falling demand in Asian economies and the United States. U.S. government data on crude stockpiles is due at 10:30 a.m. EST (1430 GMT) on Wednesday. A Reuters poll estimated on average that commercial U.S. crude stocks fell by just under 800,000 barrels in the week to Aug. 14. The American Petroleum Institute reported on Tuesday that U.S. crude stocks had fallen by an even greater margin—by 2.3 million barrels in the week ... (full story)

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