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Working natural gas in storage across the United States amounted to 2,893 billion cubic feet (Bcf) in the week ending May 31, according to a report released by the Energy Information Administration (EIA) on Thursday. The total storage thus expanded by 98 Bcf compared to the previous week. In comparison to the same period a year earlier, gas stocks rose by ...
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Oil gained for a second session as expectations waned that OPEC and its allies will allow the market to become oversupplied. West Texas Intermediate rose to settle above $75 a barrel, rebounding from the four-month lows it hit earlier in the week after OPEC+ decided to start adding some supply to the market in October. Ministers have since reiterated that ...