Oil Tumbles 3% as U.S. Crude Build Refuses to Go Away

Oil Tumbles 3% as U.S. Crude Build Refuses to Go Away

… ‘backwardated’ state of crude markets where longer-dated contracts …
The latest crude build came despite crude imports dropping by … London-traded Brent crude, the global benchmark for oil, was down … Kilduff.
The 26-nation OPEC+ alliance — which bands the …

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  • On November 3, 2021
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