The US oil supply unexpectedly plummeted last week!

US crude oil supply dropped by 2.5 million barrels last week, the Energy Information Administration said

The drop signals the US faces stronger supply strains than anticipated and gas prices could rip even higher

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“If it seems likely an EU ban on Russian energy is coming, Brent crude could easily rally to record high territory above the $150 level.”
markets.businessinsider.com/news/stocks/crude-oil-supply-unexpectedly-plummets-gas-prices-energy-costs-2022-3

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