» » Crude Oil Extends Rally Above US$40/bbl

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Market sentiment remains firm ahead of European opens. In the commodity sector, both crude oil benchmarks continue to trade above US$40/bbl on a report suggesting decline in Cushing stockpile last week. Genscaps estimated that Cushing crude stockpile fell -0.57 mmb to 69.05mmb in the week ended March 18.


from Oil N' Gold Focus http://www.oilngold.com/ong-focus/insights/crude-oil-extends-rally-above-us40bbl--2016032232569/
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