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Oil prices fall on rising US stockpiles, but global markets remain tense

Oil prices fall on rising US stockpiles, but global markets remain tense

Oil prices slipped on Wednes­day fol­low­ing a report that showed a rise in U.S. crude inven­to­ries, though glob­al mar­kets remained tense amid an inten­si­fy­ing polit­i­cal cri­sis in Venezuela, tight­en­ing U.S. sanc­tions on Iran, and ongo­ing OPEC sup­ply cuts.
Source: CNBC RSS

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