Crude Oil Edged Higher Supported By A Falling U.S. Dollar

Crude oil trading range for the day is 3517-3675. Crude oil edged higher upheld by a falling U.S. dollar and Saudi Arabia saying it would hold fast to OPEC's dedication to cut yield. Oil has drawn support from top unrefined exporter Saudi Arabia, which said it would hold fast entirely to its dedication to cut yield. Under the understanding, OPEC, Russia and other non-OPEC makers have swore to cut oil yield by about 1.8 million bpd, at first for six months.

For more information Call us ✆ +91 7400-734000 or Visit Dollar Advisory