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Oil traders eye 3.5M-barrel U.S. stock build in EIA report
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Oil traders await EIA data showing a likely 3.
Energy markets turned cautious ahead of the weekly EIA inventories data expected to show a 3.5-million-barrel crude build. Analysts said higher stockpiles may cap Brent’s recovery near $82 per barrel and reinforce expectations of subdued demand into Q4. Traders also weighed weak refining margins and U.S. export trends amid slowing global freight activity and persistent policy uncertainty over OPEC+ output management.