Oil bullish as U.S inventory declines
Data released from the U.S EIA showed a decline of 4.089 million barrels in the 3rd week of July.
Data released from the U.S EIA showed a decline of 4.089 million barrels in the 3rd week of July.
The low volatility in Brent crude was largely attributed to many oil traders staying on the sidelines.
Brent crude was slightly up by 0.04% to trade at $43.23 at 5:42 am local time on Thursday.
This year has been a turbulent one for the oil market as crude oil prices went negative for the first ...
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