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How we think about our oil inventories in light of Monday’s crude price surge

An oil pumpjack in the Inglewood Oilfield as seen from the Kenneth Hahn State Recreation Area on July 13, 2022, in Los Angeles, California.

Patrick T. Fallon | AFP | Getty Images

A volatile session for crude on Monday shows why we continue to stick to our energy holdings and view short-term price declines as opportunities to add to our exposure.


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