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U.S. Oil Stocks Are Seriously Undervalued Right Now

October 17, 2021 by

Oil prices appear to have found much-needed support and holding above the psychologically important level of $80/barrel just days after a surprise crude build threatened to derail the bull camp. On Tuesday, the American Petroleum Institute (API) reported another week of large crude oil inventory build at 5.213 million barrels for the week ending October 8.

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