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Crude gains $0.28

Posted on: June 19, 2017

Friday was an exceptionally dull day with little action and a tight intraday range of 36 cents. US inventories are now 100 million barrels above the five year average according to Bloomberg and Libya is striving to achieve 1 million barrels of output by the end of July, according to National Oil Corp. Libya’s production currently sits around 800k. Other than that WTI settled at $44.74. We hope you enjoyed the weekend.


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