Crude Oil Prices Pared Gains After A Surprise Rise - Dollar Advisory | Best Commodity Tips Provider

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Thursday 6 April 2017

Crude Oil Prices Pared Gains After A Surprise Rise

Crude oil trading range for the day is 3280-3400.

Crude oil prices pared gains after a surprise rise in inventories and uncertain prospects for President Trump's proposed tax cuts and spending plans

EIA said in its weekly report that crude oil inventories rose by 1.566mbls in the week ended March 31.

Goldman Sachs expects oil prices to remain between US$50-55 per barrel between 2018-2020.

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