Crude oil trading range for the day is 2910-3054.
Crude oil dropped rattled by concern over slowing demand, a rising U.S. dollar and increasing U.S. crude output.
U.S. crude production has risen by over 10 percent since mid-2016 to 9.3 million bpd, close to the output of top producers Russia and Saudi Arabia.
Saudi Energy Minister Khalid Al-Falih: Saudi Arabia has made long term commitment to Asia. Want to play bigger role in meeting Asia demand.
For more information Call us ✆ +91 9111-179961 or Visit Dollar Advisory
Crude oil dropped rattled by concern over slowing demand, a rising U.S. dollar and increasing U.S. crude output.
U.S. crude production has risen by over 10 percent since mid-2016 to 9.3 million bpd, close to the output of top producers Russia and Saudi Arabia.
Saudi Energy Minister Khalid Al-Falih: Saudi Arabia has made long term commitment to Asia. Want to play bigger role in meeting Asia demand.
For more information Call us ✆ +91 9111-179961 or Visit Dollar Advisory
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