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News / Technical Analysis / Oil prices edged higher on Wednesday, extending the previous day rally

Oil prices edged higher on Wednesday, extending the previous day rally

Published: 10.01.2024 by Noirbull
Oil prices edged higher on Wednesday, extending the previous day rally, driven by a more substantial-than-expected decrease in U.S. crude stocks. However, gains were limited due to a larger-than-anticipated buildup in petroleum product inventories.
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