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CRUDE OIL LIVE UPDATE BY POWERCOMMODITY.COM

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(Oil Prices Rise on fall in U.S. Crude Stocks)

Oil prices rose on Thursday as data showed a fall in U.S. crude stocks in the week to Aug 24.
The American Petroleum Institute (API) reported on Tuesday that crude oil inventories rose by 38,000 barrels to 405.7 million barrels. The API also reportedly said that stockpiles in Cushing, Oklahoma, rose by 130,000 barrels last week.
Meanwhile, traders also assessed the impact of the upcoming U.S. sanctions against Iran, which will start to kick in from November. The expected disruptions to supply from Venezuela also remained in focus.

For More Updates Call/Whatsapp Yashika Diwan @8859787761

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