Monday, 16 April 2018

Crude Oil Prices Gained On Weekly Basis After U.S. President Donald Trump’s

Crude oil trading range for the day is 4320-4460.

Crude oil prices gained on weekly basis after U.S. President Donald Trump’s comments about possible military action in Syria and reports of dwindling global oil stocks.

The global oil supply has eased due to the recent production cut measures, the International Energy Agency said in its latest forecast.

The OPEC and Russia mission to bring oil stocks down to a five-year average by ending the supply glut have worked, the agency said.

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