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Brent Crude Extends Losses 1.6% as U.S. Oil Stock Draw Misses Expectations

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2026-07-01 14:46:54
Brent crude futures extended losses to 1.6% after an EIA report showed U.S. oil inventories fell by less than expected.

According to Jin10, the EIA report indicated that U.S. gasoline futures continued to rise, up 1.1%, as U.S. gasoline inventories declined by more than expected.
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