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"Dangerously Close." CNN Alerts: Oil Market on the Brink of Crisis
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Crude oil inventories in Cushing, Oklahoma, have fallen to 21 million barrels, CNN reports. Analysts at the station say the market is approaching a critical point.
Crude oil inventories at the key US storage hub of Cushing, Oklahoma, have fallen to levels that could threaten global market stability, CNN reported in an analysis. This could mean fuel prices will soon begin to rise sharply.
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