Crude oil trading range for the day is 3084-3204.
Crude oil advanced as investor expectations grew that crude supplies would continue to drop easing the global glut in supply.
Support seen after Saudi Arabia plans to lower crude exports to 6.6mbpd in August, almost 1 million bpd below the level last year.
Kuwait and United Arab Emirates, fellow members of the Organization of the Petroleum Exporting Countries, have also promised export cuts.
For more information Call us ✆ +91 9111-179961 or Visit Dollar Advisory
Crude oil advanced as investor expectations grew that crude supplies would continue to drop easing the global glut in supply.
Support seen after Saudi Arabia plans to lower crude exports to 6.6mbpd in August, almost 1 million bpd below the level last year.
Kuwait and United Arab Emirates, fellow members of the Organization of the Petroleum Exporting Countries, have also promised export cuts.
For more information Call us ✆ +91 9111-179961 or Visit Dollar Advisory
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