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Decreasing US inventories support crude market
Oct. 17, 2018
Source: Reuters

Decreasing US inventories support crude market

Oil prices rose on Wednesday due to an unexpected decline in US crude inventories. A prominent Saudi journalist disappeared, creating further geopolitical tensions and affecting oil prices. Brent went up by 0.2% and was traded at $81.53 a barrel, while WTI increased by 0.2% and was traded at $72.07 a barrel. The reports of falling Iranian crude exports faster than expected has supported the market.

   Read More About : Brent Price Oil Prices Saudi Arabia US WTI
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