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The API figures showed crude stocks falling by 3.9 million barrels in the week ended July 19, the sources said, speaking on condition of anonymity. Gasoline inventories fell by 2.8 million barrels and distillates shed 1.5 million barrels.
That would be the first time crude stocks in the United States fell for four weeks in a row since September 2023.
Falling U.S. crude inventories caused oil prices to rebound on Wednesday after several days of decline
Fundamentalist didn't judge stock solely based on price. legendary investor peter lynch said if you can't afford stock down till 40%, stocks isn't for you