Crude Oil Gained Boosted By The U.S. Threat Of Sanctions On Venezuela.

Crude Oil trading range for the day is 3675-3863.

Crude oil gained boosted by the U.S. threat of sanctions on Venezuela.

U.S. crude inventories sharply rose by 8 million barrels last week, the Energy Information Administration said.

Russia & Saudi Arabia Energy Ministers canceled their planned meeting to discuss their recent agreement to curb oil production reached due to “scheduling conflicts.”

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