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Oil drops on surprise US stockpile rise, but Middle East tensions support

Oil drops on surprise US stockpile rise, but Middle East tensions support

Oil prices fell on Wednes­day after data showed a sur­prise rise in U.S. crude stock­piles and Chi­nese indus­tri­al out­put for April grew less than expect­ed, but prices were sup­port­ed by mount­ing ten­sions in the Mid­dle East.
Source: CNBC RSS

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