


| Asia Oil: Crude oil resumes recovery with prices back to levels not seen since early April |
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Crude oil has resumed its recovery with prices back to levels not seen since early April. This comes after a crude draw reported in the EIA inventory stats, complemented by declines in Cushing. The simultaneous decreases in both the national and Cushing inventory suggest there’s no diverting of crude from Cushing into other storage facilities.
Posted: 2020-05-22 06:32:00
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