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The crude oil reserves in the United States have seen growth than expected. At the same time Iraq has promised not to close the Strait of Hormuj. Iran's Nuclear Hormuj Progrom and to close the Strait of Iraq next month to have an International Diplomatic Gedring. Crude oil prices declined. MCX crude oil and the selling pressure on Naimeks. Despite weakness in the rupee against the dollar in oil pressure could be clearly seen. On MCX, crude oil is...more
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