Oil prices struggle for direction as U.S. crude supplies fall and product stocks rise

Date:

January 8, 2025

Oil futures struggled for direction on Wednesday after the U.S. Energy Information Administration reported that commercial crude inventories fell for a seventh straight week, but gasoline and distillate stockpiles climbed by more than 6 million barrels each.

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Alexandra Williams

Alexandra Williams is a writer and editor. Angeles. She writes about politics, art, and culture for LinkDaddy News.

Oil prices struggle for direction as U.S. crude supplies fall and product stocks rise

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