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Oil Stages Mid-Day Selloff; Quickly Rebounds Following Large Build In Crude Oil Inventories
Wednesday, August 3, 2016 - 12:01pm | 449Official U.S. crude oil data for the week ending July 29 revealed that crude oil refinery inputs averaged approximately 16.852 million barrels a day. This was 266,000 barrels per day higher than the 16.586 million recorded in the preceding week. Following the release of the data, crude oil prices...