Crude Oil Prices Looks To Remain Positive Spurred By Strong Demand - Dollar Advisory | Best Commodity Tips Provider

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Tuesday 2 January 2018

Crude Oil Prices Looks To Remain Positive Spurred By Strong Demand

Crude oil trading range for the day is 3747-3899.

Crude oil prices looks to remain positive spurred by strong demand and declining global inventories.

Prices were further boosted by a fall in U.S. commercial crude storage levels, which dropped by 4.6 million barrels to 431.9 million barrels

Inventories are now down by almost 20 percent from their historic highs last March, and well below this time last year or in 2015.

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