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News 2026-09-16 20:01 UTC

Oil Prices Send Fresh Signal After Surprise Inventory Data

Oil prices fell sharply Wednesday even after U.S. crude inventories declined, as the draw came in much smaller than Wall Street expected and gasoline and distillate stockpiles continued to build.Commercial U.S. crude inventories fell by 600,000 barrels during the week ended September 11 to 423.4 mi…