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Industrial Output Rise India: Infrastructure/construction goods posted a growth of 11.4 % over 4.8 % expansion in the same period a year ago.
Although prices are moving higher on Friday, traders are taking a cautious approach while pricing in rising Saudi oil production and a potential release from the U.S. Strategic Petroleum Reserve
The increase in OPEC’s oil output in October fell short of the rise planned under a deal with allies, a Reuters survey found on Monday