US crude oil inventories rise by 1.3m barrels

US commercial crude oil inventories increased by 1.3 million barrels in the week ending 4 January. The US Energy Information Administration says that at 361.3 million barrels, crude oil inventories are well above the upper limit of the average range for this time of year. Total motor gasoline…

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US crude oil inventories rise by 1.3m barrels

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