Crude Oil Selling Pressure Is More Likely At The Resistance Place

Crude Oil on 17th August 2017, Crude Oil August futures prices up by pts closed at 3021, trading range between 2981 – 3029. Crude oil for September delivery on the New York Mercantile Exchange settled at $47.09 a barrel.

Crude futures edged higher on Thursday, as investors pondered over data showing U.S. crude supplies fell the most in eleven-months while U.S. production rose to a more than two-year high.

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