Crude oil prices edged higher today amid a decline in the US crude stocks, signalling strong demand. Brent Crude was trading over 0.4 per cent up at 67 dollars and 96 cents per barrel, while WTI Crude was also trading over 0.4 per cent up at 65 dollars and 20 cents per barrel, when reports last came in.
Meanwhile, crude inventories fell by 5.8 million barrels to around 415 million barrels in the week ending on 20th June, according to the Energy Information Administration data.
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