LIVE CRUDE OIL NEWS UPDATED BY WWW.OCTAMX.COM ( 9557753468 , 9756212123)

Oil prices dropped today on Wednesday in Asia after the American Petroleum Institute (API) reported that U.S. crude stockpiles  rose by  1.1  million  barrels  last  week. Oil markets  traded higher earlier this  month  after a U.S. drone strike killed top Iranian      general  Qassem  Soleimani in Baghdad  on Jan. 3,  sparking fears of an all-out U.S.-Iran war.The API said crude inventories were        up by 1.1  million  for the  week  ended  Jan. 10.  For the forthcoming  Energy  Information  Administration  report, which is due later in the day,  analysts  are  expecting  a  crude inventory  decline  of  750,000  barrels.

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