Oil prices steady after hitting 2022 lows - Business News| Latest News & Reviews On Financial Markets | Themarkettrendz

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Wednesday, 7 December 2022

Oil prices steady after hitting 2022 lows

While U.S. crude stocks fell last week, gasoline and distillate inventories surged, adding to concerns about easing demand. Gasoline stocks grew by 5.3 million barrels in the week to 219.1 million barrels, and distillate stockpiles, including diesel and heating oil, swelled by 6.2 million barrels, the EIA said.

from Commodities-Markets-Economic Times
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