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Cushing oil storage nears recent lows after six months of war

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  • Companies reduced oil inventories at Cushing as energy prices surged during six months of war.
  • The Strategic Petroleum Reserve recently fell to its lowest level since 1982.
  • Persian Gulf producers seek overseas oil storage away from the Strait of Hormuz.
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Cushing oil storage nears recent lows after six months of war - CoinPost Terminal