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10/22, 10:33 PM (Source: TeleTrader)
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Oil inventories in US increase by 4.45M barrels

According to private data from the American Petroleum Institute, oil inventories in the United States increased more than expected in the week ending October 18.

Crude inventories rose by 4.45 million barrels while diesel was down by 3.5 million barrels.

Official data from the Energy Information Administration is due to be published on Wednesday.

Breaking the News / VP