Crude Oil Prices Gained By A Weaker Dollar And Signs Of Tightening In U.S.

Crude oil trading range for the day is 4620-4800.

Crude oil prices gained by a weaker dollar and signs of tightening in U.S. output.

Oil prices were also boosted on forecasts that inventories at the U.S. oil delivery hub in Cushing, Oklahoma fell 1.8 million barrels.

Saudi Arabia's OPEC Governor Adeeb Al-Aama said in a statement that the kingdom expects crude exports to fall by about 100,000 barrels per day in August.

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