03-Apr-2026 21:51:58
[UTC] 19JUL2019 - NEWS - Bulging fuel stocks put spotlight on slack oil consumption

Sluggish consumption growth is depressing oil prices even as Saudi Arabia and its allies try to prop up the market by cutting their production.U.S. refineries have so far this year processed 48 million barrels of crude and other liquids, less than at the same point in 2018, according to an analysis of weekly data from the U.S. Energy Information Administration.
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