Business

Oil Slips as Industry Report Points to Jump in US Stockpiles

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A worker walks toward the cab of a gasoline tanker truck at the Valero Energy Corp. oil refinery terminal in Memphis, Tennessee, U.S., on Wednesday, Feb. 16, 2022. The U.S. and other major oil-consuming nations are considering releasing 70 million barrels of oil from their emergency stockpiles as crude prices surge amid growing concerns over supply after Russia invaded Ukraine. Photographer: Luke Sharrett/Bloomberg

A worker walks toward the cab of a gasoline tanker truck at the Valero Energy Corp. oil refinery terminal in Memphis, Tennessee, U.S., on Wednesday, Feb. 16, 2022. The U.S. and other major oil-consuming nations are considering releasing 70 million barrels of oil from their emergency stockpiles as crude prices surge amid growing concerns over supply after Russia invaded Ukraine. Photographer: Luke Sharrett/Bloomberg



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