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Oil and Natural Gas: Unexpectedly increased?
During the Asian trading session, the price of crude oil consolidates earlier gains and continues to look above $ 120.00. The American Petroleum Institute announced last night that the stocks of crude oil in the USA unexpectedly increased by 1.8 million barrels. Stocks of petroleum products are at a very low level in the United States, and shortages are not ruled out. Crude oil is trading at $ 120.60 a barrel, an increase of 1.00% since the start of trading last night. At 16:30, an official government report on the state of crude oil and oil products in the United States will be published. Today’s high was at $ ... (full story)