Commodity Crude Market Up Date By Ripples Advisory

Crude futures fell in early Asian trade on Wednesday after Kuwaiti oil workers ended a three-day strike that had cut production from the Middle Eastern country and data showed U.S. stockpiles rose last week.

Brent crude futures , were down 55 cents at 43.48 a barrel at 0030 GMT. On Tuesday, they settled up USD 1.12, or 2.6 percent, at USD 44.03 a barrel. 

U.S. crude  was down 66 cents at $40.36. The contract rose $1.30, or 3.3 percent, to $41.08, the previous session.

Crude inventories rose by 3.1 million barrels in the week to April 15 to 539.5 million, compared with analysts' expectations for a rise of 2.4 million barrels. Crude stocks at the Cushing, Oklahoma, delivery hub fell by 235,000 barrels, API said.

For More Information :- www.ripplesadvisory.com
Or Call Us :-9827210746,9039089382,9039089375

You May Also Like

0 comments

Note: only a member of this blog may post a comment.