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The demand for crude oil has gone up after oil refineries in Louisiana resumed their operations.
The operations in most of the refineries were affected due to the storm.
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Oil Prices - World crude oil prices closed lower in trading on Tuesday (29/10) the time of the United States (U.S.), after a rise in the previous session.
Citing Reuters, the price of crude oil futures Brent closed at US$ 61,47 per barrel, down 12 cents. While the price of crude oil West Texas Intermediate U.S.$ 55,35 per barrel, down 19 cents.
While in trading Wednesday (30/10) at 08.30 PM, the price of U.S. crude oil WTI November contract fell 0.41% to US$ 55,31 pe barrel and the price of Brent crude oil October contract fell 0.28% to US$ 61,24 oer barrel
Supplies of refined products the US is seen to decline last week as refineries operate relatively low.
Gasoline stockpiles probably fell by 2.2 million barrels, which is a fifth weekly decline.
(Read: the Role of the Minister of energy and mineral resources Arifin Tasrif in the Success of the Investment Masela)