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Oil approaches 2015 highs on fewer US rigs, OPEC - Reuters
Reuters | Oil approaches 2015 highs on fewer US rigs, OPEC Reuters “The U.S. oil price is now into a range that is anticipated to attract increased shale oil production,” said Ric Spooner, chief market analyst at CMC Markets in Sydney. “Traders may decide that discretion is the better part of valor while markets wait ... Oil Rises as US Drillers Cut Rigs for First Time in 3 Weeks Crude price spike is 'head fake' — except when it comes to heating oil, says energy expert Tom Kloza Oil rally ends as US production expected to keep prices in check |
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