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US Crude Oil Inventories Dip Ahead of Thanksgiving Holiday
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US crude oil inventories decreased by 1.9 million barrels in the week ending November 21, marking a reversal from the previous week's 4.4 million barrel gain, according to the American Petroleum Institute (API). This development may have a positive impact on oil prices ahead of the Thanksgiving holiday. The year-to-date net gain of 7.4 million barrels remains a concern for oil bulls.
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Market impact analysis based on bullish sentiment with 78% confidence.
المشاعر
Bullish
ثقة الذكاء الاصطناعي
78%
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The American Petroleum Institute (API) estimated that crude oil inventories in the United States saw a draw of 1.9 million barrels in the week ending November 21. Crude oil inventories gained 4.4 million barrels in the week prior. Crude oil inventories in the United States are so far showing a net gain of 7.4 million barrels for the year, according to Oilprice calculations of API data. Earlier this week, the Department of Energy (DoE) reported that crude oil inventories in the Strategic Petroleum Reserve (SPR) have risen by 500,000 barrels to 411.4…
المقال الأصلي منشور بواسطة
OilPrice.com
في نوفمبر 26, 2025.
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