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  • August 31st, 2022

Oil prices climb 1% as U.S. fuel inventories fall

Oil prices recovered slightly on Wednesday as data pointed to firm U.S. fuel demand, providing respite after a 5% drop a day earlier on fears that demand will suffer from increased China COVID curbs and central bank interest rate hikes.

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https://www.reuters.com/business/energy/oil-recoups-some-losses-signs-firm-us-fuel-demand-2022-08-31/

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