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阿拉爱上海

MCX Crude oil August futures may fall to Rs 6700/bbl amid volatility this week; all eyes on US CPI data

By Royce Varghese WTI Crude oil futures tumbled almost 10% in the previous week and closed at $89.01 per bbl amid declining US gasoline demand in the peak summer driving season, unexpected buildup in EIA inventories and rising Libyan output. Prices fell to pre-war levels, the lowest in six months on increasing evidence that aggressive …

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