Fetching News Details

Oil loses early gains to supply concerns
Nov. 20, 2018
Source: Reuters

Oil loses early gains to supply concerns

Weakening economic outlook and US production surge, today, overshadowed expected supply cuts by OPEC in the international market. Brent crude futures were down by 0.4%, at $66.55 a barrel. US WTI crude futures lowered 0.2%, to $57.07 a barrel. US crude oil production has seen an almost 25% rise this year, with drillers pumping a record 11.7 million barrels per day.

   Read More About : Brent Price Oil Prices OPEC US WTI
⬅ all news

Please Login to Save News for Later