Oil prices rose on shrinking U.S. crude and gasoline inventories amid fears of Middle Eastern conflict, while the IEA adjusted future demand.
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Oil prices rose today, Thursday, against the backdrop of a decline in gasoline stocks and a decline in crude stocks after American refineries intensified processing operations, reflecting strong demand.
Oil prices rose on shrinking U.S. crude and gasoline inventories amid fears of Middle Eastern conflict, while the IEA adjusted future demand.
Oil prices slid in Asian trading due to unexpected U.S. crude and gasoline inventory build, though geopolitical tensions offered support.
Oil prices fell due to high US inventories and easing Middle East tensions, impacting demand and supply.
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