Crude Oil Prices Settled Higher After Data Showed Crude Stockpiles

Crude oil trading range for the day is 3667-3747.

Crude oil prices settled higher after data showed crude stockpiles fell for the fifth straight week.

The ongoing North Sea Forties pipeline outage also continued to support sentiment.

Inventories of U.S. crude fell by roughly 6.5 million barrels for the week ended Dec. 15, beating expectations of a draw of 3.8 million barrels.

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