ENERGY INFORMATION ADMINISTRATION

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Apr 23 2025BUSINESS

Oil Prices Dip Despite Inventory Surprises.

Oil prices took a hit recently, continuing a downward trend that started with the announcement of new tariffs. This drop happened even though there was a significant decrease in U. S. oil inventories, as reported by the American Petroleum Institute. The API noted a large draw of 4. 565 million barre

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