U.S. Crude Oil Inventory Falls 4.31 Million Barrels Last Week, Beating Forecasts

According to the U.S. Energy Information Administration (EIA), American crude oil inventories declined by 4.31 million barrels last week, beating Bloomberg consensus expectations of a 2.5 million barrel decline and analyst forecasts of 2.12 million barrels. The prior week saw a 2.31 million barrel decrease.
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