Brent Crude prices rise after US stockpile tumbled - ZENMoney

Brent Crude Prices rose after US crude stockpiles tumbled more than expected last week along with stronger-than-expected EIA's weekly commercial petroleum inventories report coupled with Egypt political risks. Signs of the strongest refinery demand in six years and a more than 2 percent increase in gasoline demand from a year ago also aided gains. The upside in the brent prices capped marginally after the release of FOMC June minutes along with concerns about sluggish growth in China.

Source : Equity Bulls

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