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Oil prices climb over crude inventory decline
Aug. 30, 2018
Source: Reuters

Oil prices climb over crude inventory decline

Oil prices, today, rose over a drop in U.S. crude inventories, supported by the expected disruptions in supply coming from Iran and Venezuela. Benchmark Brent crude oil futures LCOc1 edged up to $77.21 per barrel. U.S. West Texas Intermediate (WTI) crude futures CLc1 rose to $69.65 a barrel. US crude inventories were down by 2.6 million barrels to 405.79 million barrels, in the week that ended on Aug 24th.

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