Crude Oil Fundamental Update-
U.S. EIA on Tuesday cut its 2019 world oil demand growth forecast by 110,000 barrels per day to 0.89 million bpd.
U.S. crude oil production is expected to rise by 1.25 million barrels per day (bpd) in 2019 to an average of 12.24 million bpd.
Impact- Negative for the prices
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