Crude Oil Gained As Positive Comments From The United States And China

Crude oil trading range for the day is 4108-4218.

Crude oil gained as positive comments from the United States and China rekindled hopes in global markets that the world's two largest economies could soon sign an interim deal. Wednesday, November 27, 2019

Global oil demand in the third quarter of 2019 grew by 1.1 million barrels a day, more than double the 435,000 barrels a day

OPEC crude production came in at 29.9 million barrels a day, down 2.5 million from the same period last year.

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