Crude Oil Prices Gained On Growing Optimism - Dollar Advisory | Best Commodity Tips Provider

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Monday 22 May 2017

Crude Oil Prices Gained On Growing Optimism

Crude oil trading range for the day is 3228-3316.

Crude oil prices gained on growing optimism that big producing countries will extend output cuts to curb a persistent glut in crude.

Crude oil exports from Saudi Arabia rose by 275,000 barrels a day in March from February and stockpiles rose, official data showed.

Still, there are signs that Saudi Arabia, OPEC's largest producer, is keeping markets well supplied.

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