US OIL INVENTORIES: Crude Stocks Drop Amid Big Product Builds - Wall Street Journal

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NEW YORK (Dow Jones)--U.S. crude inventories unexpectedly fell sharply amid big builds in gasoline and distillates stocks last week, according to data released Wednesday by the U.S. Department of Energy. Crude oil stockpiles declined by 3.8 million barrels to 336.08 million barrels for the week ended Dec. 4, compared with an average survey estimate of a 600,000-barrel ...

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