Oil And Gold Fall: July 31, 2015

 | Jul 31, 2015 02:56AM ET

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Crude oil fell slightly on Thursday reversing territory following a late sell-off, as energy traders reacted to the long-term ramifications of an unexpected supply draw and indications that Saudi Arabia could curtail production one session earlier. WTI crude for September delivery traded between $48 and $49 a barrel before closing at $48 down 0.45%.