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Working natural gas in storage across the United States increased by 79 billion cubic feet in the week ending May 3 compared to the previous seven-day period to reach 2,563 billion cubic feet, the Energy Information Administration (EIA) said in its report published on Thursday. On an annual level, the figure advanced by 444 billion cubic feet. Additionally, ...
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Crude oil has been on a steady downtrend since the end of the retaliations between Iran and Israel that eventually marked the top in the geopolitical risk premium. The selloff continued as we got some noise from the cease-fire negotiations between Israel and Hamas. More recently, we started to get news about speculations that OPEC+ could extend the ...