U.S. Crude Oil Stockpiles Rise as Production Hits Record
PositiveFinancial Markets

U.S. crude oil inventories rose by 6.4 million barrels last week, surpassing expectations. This increase coincides with U.S. crude oil production reaching a record high, while exports have declined. The data reflects significant shifts in the U.S. oil market, indicating a potential oversupply situation as production outpaces export levels.
— via World Pulse Now AI Editorial System