Crude futures rise in Asia trade after sharp fall in US inventories

Crude futures rise in Asia trade after sharp fall in US inventories
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08.07.2020

MOSCOW (MRC) -- Crude oil futures were trading higher in mid-morning trade in Asia July 1 after a significant draw in US crude oil inventories, and despite an increase in coronavirus cases clouding the demand outlook, reported S&P Global.At 10:25 am Singapore time (0225 GMT), new front-month ICE Brent September crude futures were up 45 cents/b (1.09%) from the June 30 settle at USD41.72/b

Full article at mrcplast.com

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