Crude oil rises on strong demand outlook, drawdown in inventory; climbs 55.76% in H1 2021

crude oil demand outlook drawdown
Gulf
  • Date: 01-Jul-2021
  • Source: Money Control
  • Sector: Oil & Gas
  • Country: Gulf
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Crude oil rises on strong demand outlook, drawdown in inventory; climbs 55.76% in H1 2021

Crude may remain sideways ahead of OPEC meeting but the general bias remains positive as OPEC may maintain gradual production hike stance.

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