Oil rises on U.S. crude inventory draw, falling Chinese output

Oil rises on U.S. crude inventory draw, falling Chinese output
19 October 2016, Singapore — Oil prices rose by around 1 percent on Wednesday, lifted by a report of a drop in U.S. crude inventories and declining production in China, while an upbeat OPEC statement on its planned output cut also supported the market. A slightly weaker dollar boosted oil as well, traders said, as […] More »
Oil rises on U.S. crude inventory draw, falling Chinese output Oil rises on U.S. crude inventory draw, falling Chinese output Reviewed by Crude Oil Facilitators on 11:29 Rating: 5

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