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United States API Weekly Crude Oil Stock increased to 3.4M from previous 1.3M

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Oil bounces and takes back previous day’s losses

Oil prices bounces bounced sharply on Tuesday, erasing previous day’s losses, as Canadian wildfires eased supply glut concerns.
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US stocks rise sharply as oil bounces

US stocks staged sharp rallies on Tuesday, with main indexes posting the largest one-day gain in to months, bolstered by rebounding oil prices.
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