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US Petroleum Institute Expects Oil Inventories To Rise

Dubai – (Massader News)

The US Petroleum Institute expected on Tuesday that US oil inventories will rise 6.2 million barrels in the week ending September 8, Market Watch said.

Data from the institute predicted a decline in US gasoline inventories by 7.9 million barrels over the same period.

US crude (Nymex) for October delivery rose by 0.4% to $ 48.26 a barrel.

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