U.S. Crude Oil Inventories Fall 399,000 Barrels in Week to July 3, Miss Forecast of 1.5M Decline

U.S. crude oil inventories decreased by 399,000 barrels in the week ending July 3, according to data from the American Petroleum Institute (API). The actual decline fell short of market expectations of a 1.5 million barrel drop and compared with a 6.072 million barrel decrease in the prior week.
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