Crude Oil Prices Dropped After Government Data Showed A Surprise

Crude oil trading range for the day is 3345-3447.

Crude oil prices dropped after government data showed a surprise climb in U.S. crude inventories.

U.S. crude inventories rose by 856,000 barrels last week, U.S. Energy Information Administration data showed.

Saudi Arabia's Energy Minister Khalid al-Falih said the focus remained on reducing oil stocks in industrialized countries to their five-year average.

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