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Crude Oil
CrudeOil Highlights from 08 May,2015 - 21 May,2015

Crude oil prices increased during last fortnight due to closure of a key oil terminal in Libya coupled with a decline in US Crude oil inventories. Prices also rose as Saudi Arabia rose the official selling prices (OSP)s for its Crude parcels bound for the US and Europe. Average Crude oil prices went up continuously during the 3rd week of May due to resurgence in geopolitical tensions in Yemen.

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