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Crude oil prices climbed on Wednesday following an explosion at Lebanon's main port feeding concerns about a regional turmoil and a large fall in US crude oil stocks. International benchmark Brent ...
We may see sideways to negative trade ahead of inventory report as market player’s focus on US crude production and rising stocks at Cushing.
Oil prices rose on Wednesday after inventory data showed a big drop in U.S. crude stocks although gains were capped by concerns over fuel demand with mounting global COVID-19 cases.
Oil prices firmed on Wednesday after data showed a big drop in U.S. crude inventories, although concerns mounting coronavirus infections will lead to reduced fuel demand capped gains. By Ahmad Ghaddar ...
Gold’s attempt to make early gains has been rebuffed, while the oil price is trying to make another attempt at a recovery.