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Breaking Posted 4 hours ago

U.S. crude inventories drop 3.8M barrels, near five-year lows

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U.S. crude inventories fell 3.8 million barrels in the week ending June 26, bringing stockpiles to 408.4 million barrels—7% below the five-year average. Tightening supply supports oil prices, which may lift commodity-linked currencies like CAD and AUD while pressuring safe-haven USD in risk-on environments.
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@asuquokelvin · 3 hours ago

Oil disappeared, bulls celebrated, bears panicked, and volatility ordered extra popcorn.

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