Oil prices rose to three-week highs on Monday amid expectations that OPEC is moving close to a deal to cut output when it meets next week.
Brent crude went up to 47.94 a barrel, its highest since the start of the month, a five-percent rally no doubt also fuelled by comments from the Russian...
Washington (UPI) Aug 22, 2017
Crude oil prices were moving between slight gains and losses early Tuesday given some competing trends at play in the migration... Energy Daily - ScienceAlso reported by •OilPrice.com •Zero Hedge
Citigroup has said that U.S. shale will prevail over OPEC because of its higher resilience to low prices and OPEC’s losing strategy of cutting output and... OilPrice.com - MarketsAlso reported by •Zero Hedge
OPEC’s compliance with the output cuts will continue to slip in the second half this year, despite recent rhetoric reiterating the cartel members’ commitment... OilPrice.com - MarketsAlso reported by •MENAFN.com