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Falling US, European temperatures lift oil prices but market remains weak - Reuters UK
Reuters UK | Falling US, European temperatures lift oil prices but market remains weak Reuters UK SINGAPORE Oil prices stabilized on Tuesday as colder U.S. and European temperatures raised the prospect of winter heating demand, but gains could still be undercut by worries over near-record output that has slashed prices by two-thirds since mid-2014. Asian shares make gains as oil price concerns Oil prices edge down as slowing demand adds to high output US oil settles down 3.39%, or $1.29, at $36.81 a barrel |
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