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  2. Oil falls nearly 5% as demand worries, inventory builds send ...

    www.aol.com/finance/oil-falls-5-demand-worries...

    On Thursday, West Texas Intermediate crude oil futures fell 4.9% to settle at $72.90 per barrel. Brent ( BZ=F ) crude oil, the international benchmark price, fell by 4.63% to close at $77.42 per ...

  3. Oil sags on soft Chinese spending, investor pause before US ...

    www.aol.com/oil-eases-highest-weeks-investors...

    U.S. crude oil and distillate inventories were expected to have fallen last week, while gasoline stocks likely rose, a preliminary Reuters poll showed ahead of a report from the American Petroleum ...

  4. Strategic Petroleum Reserve (United States) - Wikipedia

    en.wikipedia.org/wiki/Strategic_Petroleum...

    Commercial crude oil stock pile. The Strategic Petroleum Reserve (SPR) is an emergency stockpile of petroleum maintained by the United States Department of Energy (DOE). It is the largest publicly known emergency supply in the world; its underground tanks in Louisiana and Texas have capacity for 714 million barrels (113,500,000 m 3). [1]

  5. Oil drops as US inventories balloon, traders watch Middle ...

    www.aol.com/finance/oil-drops-us-inventories...

    The latest government data showed crude inventories increased by 5.5 million barrels last week, versus analysts' expectations of an increase of 1 million barrels, per Bloomberg data.

  6. Oil prices ease 1% to one-week low on weak Chinese ... - AOL

    www.aol.com/oil-prices-holding-pattern-ahead...

    NEW YORK (Reuters) -Oil prices eased about 1% to a one-week low on Tuesday on demand worries following the release of negative economic news from Germany and China, while investors remained ...

  7. Oil prices fall after surprise inventory build in US - AOL

    www.aol.com/finance/oil-prices-gain-red-sea...

    Oil prices pared back earlier gains after the latest Energy Information Administration data showed a surprise crude build of 1.34 million barrels last week, versus expectations for a draw.

  8. 2023–2025 world oil market chronology - Wikipedia

    en.wikipedia.org/wiki/2023–2025_world_oil...

    Lower demand was expected due to negative economic news from China, the UK and the US. [40] The day after oil fell nearly 5 percent to a four-month low, the fourth down week finished with Brent at $80.61 and WTI at $75.89 as a result of continued bad news from China, high U.S. inventories and record production, with sanctions on Russian oil ...

  9. The US oil supply unexpectedly plummeted last week - AOL

    www.aol.com/news/us-oil-supply-unexpectedly...

    Economists expected the US oil inventory to creep higher last week. It dropped by 2.5 million barrels instead, the government said Wednesday.