Oil prices rise after report shows decline in U.S. stockpiles (Commodity:CL1:COM)

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Giant oil storage tanks in Cushing Oklahoma Oil Crossroads of the World where most of the WTI oil in the USA is stored and traded

Susan Vineyard

  • Oil prices rose Wednesday after a report showed a decline in U.S. crude inventories. Investors also awaited a possible interest rate cut by the U.S. Federal Reserve while weighing its projections for 2025.
  • Brent futures (CO1:COM) were up 90


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