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ICBC Global Market: Oil and Other Commodities Market Update - October 25, 2018
 

Oil prices were mixed on Wednesday, as a much bigger-than-expected drawdown in U.S. gasoline and diesel inventories augured a seasonal increase in refining demand, while Saudi Arabia's saying it plans on boosting output weighed on prices. Front-month U.S. crude futures rose 0.45 percent at $66.39 a barrel. Front-month Brent crude futures fell 0.73 percent, at $75.68 a barrel. The spread between the two benchmarks stood at $9.29 a barrel.

 

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(2018-10-25)
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