Crude Oil Prices Eased As Weak Manufacturing Data From Europe And Japan

Crude oil trading range for the day is 4012-4194.

Crude oil prices eased as weak manufacturing data from Europe and Japan focused market attention on the gloomy outlook for demand.

Saudi Arabia has restored more than 75% of crude output lost after the attacks on its facilities and will return to full volumes by early next week.

Saudi oil production from its Khurais plant is now at more than 1.3 million barrels per day, while current production from its Abqaiq plant is at about 3 mbpd.

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