Crude Oil Prices Rose As Widely-Watched Data Showed U.S. Crude Stockpiles

Crude oil trading range for the day is 3984-4236.

Crude oil prices rose as widely-watched data showed U.S. crude stockpiles fell more than expected.

The EIA said in its regular weekly report that crude oil inventories plummeted by 12.79 million barrels in the week to June 21.

U.S. crude stocks fell last week as refineries reduced crude runs, data from industry group the American Petroleum Institute showed.

Non-OPEC producer Russia, backed by Saudi Arabia, pushed for the meeting to be delayed to see the outcome of the G20 talks.

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