Crude oil trading range for the day is 3064-3164.
Crude oil traded in range following data showing OPEC output increased in July as its members failed to adhere to output limits set out in the global deal to curb production.
World oil demand will grow more than expected this year, helping to ease a global glut despite rising production from North America.
The agency raised its 2017 demand growth forecast to 1.5 million barrels per day from 1.4 million bpd in its previous monthly report.
For more information Call us ✆ +91 9111-179961 or Visit Dollar Advisory
Crude oil traded in range following data showing OPEC output increased in July as its members failed to adhere to output limits set out in the global deal to curb production.
World oil demand will grow more than expected this year, helping to ease a global glut despite rising production from North America.
The agency raised its 2017 demand growth forecast to 1.5 million barrels per day from 1.4 million bpd in its previous monthly report.
For more information Call us ✆ +91 9111-179961 or Visit Dollar Advisory
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