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Oil drops for fifth straight day after US inventories rise

Sumary of Oil drops for fifth straight day after US inventories rise:

  • Reuters Oil prices dropped for a fifth straight day on Thursday after official data showed a sustained rise in US crude and fuel inventories, while the ever-present pandemic clouded the demand outlook…
  • US crude inventories increased by 2.4 million barrels last week, the US Energy Information Administration (EIA) said on Wednesday…….

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