Hi Tview friends here is the fundamental for Crude oil
Oil prices continues to slip as big US producers Chevron and Exxon Mobil plans to daily produce almost 1 million barrels of shale oil. Crude oil futures are currently at $56.00, down by 0.70%.
Meanwhile, crude stocks pile up with inventories rising by 1.1 million barrels in Cushing, Oklahoma alone. The American Petroleum Institute has said the crude inventories surpassed the 1.2 million expected barrels with 7.3 million barrels recorded last week.
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Oil prices continues to slip as big US producers Chevron and Exxon Mobil plans to daily produce almost 1 million barrels of shale oil. Crude oil futures are currently at $56.00, down by 0.70%.
Meanwhile, crude stocks pile up with inventories rising by 1.1 million barrels in Cushing, Oklahoma alone. The American Petroleum Institute has said the crude inventories surpassed the 1.2 million expected barrels with 7.3 million barrels recorded last week.
Cheers,
Hit Like and Follow.