The United States has already accumulated nine weeks followed by reduction of oil reserves. The country has, since the end of June this year, showing higher-than-expected decline.
According to the U.S. Department of energy, commercial stocks of crude oil retreated 5.4 million barrels. Who can view this with "good eyes" is the Organization of Petroleum producing countries (Opec), which has been rallying efforts to reduce the global supply of the commodity to appreciate it. Was this little push that the Organization needed to work?
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