as the plunge in oil stockpiles supported oil prices helping them to gain more than 2% amid the strong U.S dollar.
Adding to positive bias triggering oil traders to go long,
are reports coming from Organization of the Petroleum Exporting Countries (OPEC) and its allies,
a group led by the Saudis and Russians emphasizing on keeping the status quo coupled with broader sentiments,
stating its unlikely they will consider easing oil production anytime soon.
Adding to positive bias triggering oil traders to go long,
are reports coming from Organization of the Petroleum Exporting Countries (OPEC) and its allies,
a group led by the Saudis and Russians emphasizing on keeping the status quo coupled with broader sentiments,
stating its unlikely they will consider easing oil production anytime soon.