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Oil Jumps in New York as US Supply Drop Adds to OPEC Optimism - Bloomberg
Bloomberg | Oil Jumps in New York as US Supply Drop Adds to OPEC Optimism Bloomberg “There is a fundamental under-supply right now in the global oil market, which is by definition bullish,” Pavel Molchanov, an energy research analyst at Raymond James in Houston, said by telephone. There's a “growing recognition in the market-place ... US crude extends rally to $58, first time since 2015 Crude oil inventories dip before Thanksgiving US Oil Rig Count Rises Amid Record Breaking Production |
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