Monday, 8 January 2018

Oil approaches 2015 highs on fewer U.S. rigs, OPEC

Oil approaches 2015 highs on fewer U.S. rigs, OPEC

08 January 2018, Singapore/London — Oil prices rose on Monday, coming close to new three-year highs on a slight decline in the number of U.S. rigs drilling for new production and sustained OPEC output cuts. U.S. West Texas Intermediate (WTI) crude futures CLc1 had risen to $61.94 a barrel by 1140 GMT, 50 cents above …

The post Oil approaches 2015 highs on fewer U.S. rigs, OPEC appeared first on SweetCrudeReports.

More »

No comments:

Post a Comment