Crude oil is trying to rebound. The high price extended back above the $70 level ...Middle East

Crude oil prices are trying to rebound today with the price currently trading at $70 up $0.80 or 1.15%. The high price extended to $70.54. The low price was at $69.17. OPEC+ decided to delay the October output increase which was rumored yesterday.At the bottom of the hour, the weekly EIA and oil inventory data will be released:Crude expected drawdown -0.993M barrelsDistillates expected build of 0.481M barrelsGasoline expected drawdown of -0.730M barrelsThe private data yesterday showed: This article was written by Greg Michalowski at www.forexlive.com.

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Crude oil is trying to rebound. The high price extended back above the $70 level ...Middle East

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