Crude oil prices gained as data showed the number of U.S. oil rigs fell for the first time in seven weeks pointing to a potential slowdown in U.S. oil output.
The United States is set to put its stamp on global oil markets for the next five years,” said Fatih Birol.
The number of oil rigs operating in the U.S. fell by four to 796, according to data from energy services firm Baker Hughes.
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