WTI Holds Gains After Big Crude Draw; Biden Admin Unexpectedly Drains SPR

WTI Holds Gains After Big Crude Draw; Biden Admin Unexpectedly Drains SPR

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WTI Holds Gains After Big Crude Draw; Biden Admin Unexpectedly Drains SPR Oil prices are rebounding modestly today after yesterday's puke (though WTI is still on pace for its longest weekly losing streak since 2018), as OPEC forecast a significant shortfall in global oil supplies next quarter. It…

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