Crude Oil Trading Range For The Day Is 4061-4189

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Crude Oil trading range for the day is 4061-4189. 

 

Crude oil prices recovered after OPEC member Qatar said OPEC and its allies should maintain oil supply curbs to guarantee healthy price levels. 

 

Qatar’s Energy Minister Mohammed al-Sada told he also supported the idea of creating a permanent platform for OPEC’s cooperation with Russia. 

 

Crude oil exports reached 1,371,000 barrels per day in February compared with 1,342,000 bpd the January, foreign trade data from the U.S. Census Bureau showed.

 

Investor concerns over signs pointing to a uptick in U.S. crude stockpiles come just a day after inventories of U.S. crude fell by 4.617 million barrels last week.

 

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