Crude Oil Dropped As The Fourth Weekly Increase In U.S. Crude Inventories

Crude oil trading range for the day is 4995-5171.

Crude oil dropped as the fourth weekly increase in U.S. crude inventories suggested ample supply.

U.S. crude inventories rose 6.5 million barrels, Wednesday, the fourth straight weekly increase and almost three times what had forecasted.

Investors are concerned that Saudi Arabia could use oil supply to retaliate against its critics.

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