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Epic Research
Crudeoil trading range for the day is 5805-6129. Crude oil rose on ideas the January start-up of a pipeline from Cushing, Oklahoma, to the Gulf Coast would drain crude stocks at the giant storage hub. Prices extended gains on Tuesday amid forecasts U.S. crude stockpiles dropped last week for the first time since September. Today Crude oil inventories: EXP: -0.5M PREV: 3.0M.
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