Crude Oil Dropped On Profit Booking Ahead Of Weekly Inventory Data - Dollar Advisory | Best Commodity Tips Provider

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Wednesday 27 September 2017

Crude Oil Dropped On Profit Booking Ahead Of Weekly Inventory Data

Crude oil trading range for the day is 3341-3465.

Crude oil dropped on profit booking ahead of weekly inventory data due Wednesday expected to show crude oil supplies rose for the fourth-straight week.

The pipeline to Turkey’s port of Ceyhan usually pumps between 500,000 and 600,000 barrels per day.

OPEC and non-OPEC producers confirmed the market was well on its way toward rebalancing, while oil inventories declined.
  
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