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CRUDE OIL LIVE NEWS UPDATED BY ROYAL TRADERS

Oil Drops as Report of Swelling U.S. Stores Aids Bear View

Oil fell as an industry report flagging a bounce in U.S. stores facilitated prompt worries over a supply crunch, while an automaton assault in Saudi Arabia featured the helplessness of the nation's vitality foundation.
Fates in New York pared lost as much as 1.1% subsequent to shutting everything down on Tuesday. The American Petroleum Institute was said to report a 8.63 million-barrel increment in rough inventories a week ago, contrasted and a determined 1.2 million barrel decrease in a Bloomberg review, before government information due Wednesday. The Yemeni renegade assault on two Saudi siphoning stations constrained the world's top oil exporter to incidentally closed its primary crosscountry rough connection.

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Oil jumps after Saudis, Russia say supply cut to be extended to March 2018 Oil prices jumped on Monday after the energy ministers of top producers Saudi Arabia and Russia jointly said that an OPEC-led crude production cut would be extended from the middle of this year until March 2018. FOR JOINING OUR SERVICES LOG ON www.honestadvise.com OR CALL @7617537676