What is happening to Light Crude Oil?

This was a very intensive week on the oil market. At the beginning of this week, there were news regarding problems in Chinese economy, and the expectations that the growth of world economy will slow down had prevailed. But during this week, other important data was published – the US GDP had been significantly increasing, and the oil reserves in the us had been reduced. This means that the biggest economy – US economy is growing and they are ready to consume resources.

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