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US Data Boosts Oil Prices to Record High


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Oil prices rose slightly in trading today, Wednesday, after data showed an unexpected increase in oil and gasoline inventories in the US.

By 09:59 Moscow time, futures for American oil rose by 0.15% to $81.65 per barrel.

Brent futures rose 0.19% to $85.77 a barrel, according to Bloomberg.

Data from the American Petroleum Institute showed that crude oil inventories increased by 380,000 barrels in the week ended April 7, 2023.

Source: RT + Bloomberg

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