Crude Oil Fell After U.S. Government Data Showed Large Builds In Refined

Crude oil trading range for the day is 3819-4063.

Crude oil fell after U.S. government data showed large builds in refined product stockpiles.

U.S. crude inventories fell 3.1 million barrels, EIA data showed, more than forecasts for a decrease of 2.7 million barrels.

The American Petroleum Institute reported that US crude supplies fell by 1.4 million barrels for the week ended July 12.

More than half the daily crude production in the U.S. Gulf of Mexico remained offline in the wake of Hurricane Barry, the U.S. drilling regulator said.

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