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Oil complex higher on inventory build and hurricane Sally 

Giles Coghlan
16/09/2020 | 04:50 GMT

Triple whammy for oil

  • Private data showed a surprise draw of 9million barrels last night
  • Hurricane Sally results in shutdowns in Gulf of Mexico
  • Risk on sentiment helps

But remember both the IEA and OPEC had gloomy forecasts for future demand. So, sellers likely to step in at higher prices. US oil currently at 38.96

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