US Crude Inventories Exceed Expectations
According to data released by the American Petroleum Institute, crude oil inventories in the United States experienced an increase of 3.76 million barrels for the week ending April 25, 2025. This development contrasts with the previous week's decline of 4.565 million barrels. The rise in stockpiles is the most substantial in four weeks and far surpasses market projections, which anticipated an increase of only 390,000 barrels.
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