Oil Pares Loss With Inventory Build Weighed Against Demand Boost
The SCF Provider crude oil tanker is anchored in the Pacific Ocean in this aerial photograph taken above Long Beach, California, U.S. (Photographer: Patrick T. Fallon/Bloomberg)

Oil Pares Loss With Inventory Build Weighed Against Demand Boost

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(Bloomberg) -- Oil pared an earlier decline as the market weighed data showing an increase in U.S. crude inventories against an ongoing rebound in demand.