Crude Oil Dropped After Data Showed That While Oil Supplies In The U.S. Fell Slightly

Crude oil trading range for the day is 4237-4479.

Crude oil dropped after data showed that while oil supplies in the U.S. fell slightly more than expected

Pressure also seen on increasing signs that Saudi Arabia may raise supply to balance a surge in demand during the peak U.S. summer driving season.

The US has asked some OPEC producers to raise oil output but has not requested a specific figure, according to sources.

For more information Call us ✆ +91 9111-179961 or Visit Dollar Advisory