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<Commodity>Unexpected Rise in US Crude Oil Inventory Propels Prices to 2-Wk Low
In wake of the unexpected increase in US crude oil inventory last week, investors awaited the OPEC+ meeting this weekend, where oil-producing countries were expected to consider ra...
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<Commodity>Unexpected Rise in US Crude Oil Inventory Propels Prices to 2-Wk Low
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In wake of the unexpected increase in US crude oil inventory last week, investors awaited the OPEC+ meeting this weekend, where oil-producing countries were expected to consider raising production targets again. Oil prices sagged about 1% further on Thursday to a two-week low.

New York crude oil futures for October delivery fell US$0.49 or 0.8% to US$63.48. Brent crude oil futures for November delivery sank US$0.61 or 0.9% to US$66.99.

Related NewsJOLTs Job Openings for Jul in United States is 7.181M, lower than the previous value of 7.357M. The forecast was 7.4M.

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