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Crude Turns Positive Ahead of EIA Stock Data

OIL

Crude prices edged up ahead of the EIA weekly petroleum status report released at 10.30ET (15:30BST) which expects a crude inventory draw of -2.4mbbbls for the week ending 11 Aug. Upside has been limited by concerns for economic growth in China and the impact on global oil demand.

  • Brent OCT 23 up 0.3% at 85.13$/bbl
  • WTI SEP 23 up 0.3% at 81.24$/bbl
  • Gasoil SEP 23 up 0.5% at 887.75$/mt

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