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Tag: Oil Prices Rise on falling U.S. stockpiles

Oil Prices Rise on falling U.S. stockpiles

Oil Prices Rise on falling U.S. stockpiles Oil prices rose on Wednesday after industry data showed U.S. stockpiles fell far more than expected, alleviating concerns about oversupply, while major U.S. producers evacuated rigs in the Gulf of Mexico ahead of a brewing storm. West Texas Intermediate...