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6 hours ago

America's Oil Safety Net Is Running Out, Giving China More Influence Over U.S. Gas Prices

America's Oil Safety Net Is Running Out, Giving China More Influence Over U.S. Gas Prices

KEY POINTS America's Strategic Petroleum Reserve has fallen to its lowest level since 1983, limiting Washington's ability to stabilize oil markets. Beijing's temporary buying strike and inventory drawdowns acted as the primary damper on global oil... Read more.

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