Crude oil trading range for the day is 4006-4200.
Crude oil gained supported by the shutdown of the El Feel oilfield in Libya and upbeat comments from Saudi Arabia that an OPEC-led effort to cut stockpiles is.
Saudi Arabia's Oil Minister Khalid al-Falih said oil markets are rebalancing and he expected inventories to continue declining this year.
This is a period of soft demand as we all know because of seasonality.
Crude oil gained supported by the shutdown of the El Feel oilfield in Libya and upbeat comments from Saudi Arabia that an OPEC-led effort to cut stockpiles is.
Saudi Arabia's Oil Minister Khalid al-Falih said oil markets are rebalancing and he expected inventories to continue declining this year.
This is a period of soft demand as we all know because of seasonality.
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