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Futures Movers: Oil prices decline as EIA reports first weekly U.S. crude-stock climb in 7 weeks

Oil prices decline on Thursday after U.S. government data reveal a weekly climb in U.S. crude inventories, on the heels of six consecutive weeks of declines, raising expectations of an oversupplied market as uncertainty continues to surround the outlook for demand.

Oil prices decline on Thursday after U.S. government data reveal a weekly climb in U.S. crude inventories, on the heels of six consecutive weeks of declines, raising expectations of an oversupplied market as uncertainty continues to surround the outlook for demand.Read More

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