Crude Oil Prices Fell Amid Signs That A Global Glut In Crude - Dollar Advisory | Best Commodity Tips Provider

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Wednesday 4 October 2017

Crude Oil Prices Fell Amid Signs That A Global Glut In Crude

Crude oil trading range for the day is 3261-3379.

Crude oil prices fell amid signs that a global glut in crude may not be clearing as quickly as some had hoped.

Iraq said that exports rose slightly in September from its southern oilfields, while an earlier survey indicated that overall the OPEC boosted output.

The recent rally had also been driven by signs that a three-year crude glut is easing, helped by a production cut deal among global producers led by OPEC.

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