Crude Oil Prices Tumbled as Inventory Rose and Saudi Planned to Raise Supply

Crude oil prices declined for a third consecutive day, with both the WTI and Brent contracts slumping to lowest levels in 6 weeks. The surprising increase in US inventory and the expected pumping of Saudi Arabian production were major factors causing the selloff on Wednesday.

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Crude Oil Prices Tumbled as Inventory Rose and Saudi Planned to Raise Supply

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