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Oil rises 2% as Saudi Arabia aims at $100 per barrel, US stockpiles fall

Updated : April 18, 2018 10:43 PM IST

Crude inventories dropped by 1.1 million barrels as a result of a decline of 1.3 million barrels per day in net crude imports.
Prices were supported as US oil stockpiles fell across the board last week with gasoline and distillates drawing down more than expected on stronger demand.
Oil rises 2% as Saudi Arabia aims at $100 per barrel, US stockpiles fall

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