CRUDE OIL NEWS UPDATES BY COMMODITYPANDIT.COM::

PANDIT JI CRUDE OIL NEWS FORECAST::

Oil prices rose on Monday as U.S. drilling for new production stalled and as the market eyed tighter conditions once Washington’s sanctions against Iran’s crude exports kick in from November.

U.S. West Texas Intermediate (WTI) crude futures were at $68.19 per barrel at 0344 GMT, up 44 cents, or 0.65 percent, from their last settlement.

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