Genscape, which
tracks oil inventories, reported a near 2.4 million - barrel build last week in Cushing, the Oklahoma delivery point for U.S. crude futures, a market source said.
Not exact matches
Oil prices were up most of the day,
tracking the dollar, despite concerns about rising U.S.
inventories.
Healthy demand growth for fuel not only in emerging economies led by China and India, but also in Europe, is helping global
inventories to draw down faster now, keeping the
oil market on the right
track towards rebalancing, according to industry executives who spoke at a conference on Tuesday.
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