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Another Big Reason to Think Oil Prices Aren't Going Up Soon

Inventories bursting at the seams
A storage tank under construction.

A storage tank under construction.

Photographer: Andrew Caballero-Reynolds
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Oil just had its first weekly decline in a month, breaking a rally in crude prices. A bit of context: After what's happened over the last year, "rally" seems a bit of an overstatement. 

One big factor that may be driving prices down this week: The U.S. is pumping so much oil it's running out of places to stash it.