Crude Oil Trading Range Of 14 December 2016

Crude oil trading range for the day is 3508-3650. Crude oil settled level after costs seen upheld by solid request and supply cuts by Abu Dhabi, Kuwait and Qatar as a major aspect of creation controls. Russian Energy Minister said he would examine with Russian oil organizations how they will slice oil generation to execute. Kuwait Petroleum Corp told clients of a cut in legally binding rough supplies for January, as did Qatar Petroleum.

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