Oil jumps 15% after reports that a key measure of storage demand was 2 million barrels lower than expected

Business Insider

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· Oil bounced 15% on Wednesday against a backdrop of slowing demand for inventory storage.
· Wednesday's gains came after the American Petroleum Institute reportedly said that US oil inventories rose by just shy of 10 million barrels last week.
· That was significantly lower than the 12 million barrel increase expected by...

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