Oil prices fall as fears of imminent OPEC+ output cut recede - Business News| Latest News & Reviews On Financial Markets | Themarkettrendz

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Tuesday, 23 August 2022

Oil prices fall as fears of imminent OPEC+ output cut recede

Underlining tight supply, U.S. crude stockpiles fell by about 5.6 million barrels for the week ended Aug. 19., according to market sources citing American Petroleum Institute figures on Tuesday, against analysts' estimate of a drop by 900,000 barrels in a Reuters poll.

from Commodities-Markets-Economic Times
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