Crude oil trading range for the day is 3566-3662.
Crude closed at its lowest in almost two weeks as Russia is said to be less than convinced that OPEC should extend output curbs in a meeting this month.
Inventories rose for a second week in a row, building by 1.9mbls in the week to Nov. 10 to 459mbls, the government's EIA said on Wednesday.
US crude oil production hit a record of 9.65mbpd, meaning output has risen by almost 15 percent since their most recent low in mid-2016.
For more information Call us ✆ +91 9111-179961 or Visit Dollar Advisory
Crude closed at its lowest in almost two weeks as Russia is said to be less than convinced that OPEC should extend output curbs in a meeting this month.
Inventories rose for a second week in a row, building by 1.9mbls in the week to Nov. 10 to 459mbls, the government's EIA said on Wednesday.
US crude oil production hit a record of 9.65mbpd, meaning output has risen by almost 15 percent since their most recent low in mid-2016.
For more information Call us ✆ +91 9111-179961 or Visit Dollar Advisory
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