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Oil bounces above $63 after slide, but glut worries persist - CNBC
CNBC | Oil bounces above $63 after slide, but glut worries persist CNBC Oil bounced above $63 a barrel on Wednesday to claw back some of the previous day's 6 percent plunge, lifted by a report of an unexpected decline in U.S. crude inventories. The American Petroleum Institute (API) said on Tuesday that U.S. crude ... What's Happening to the Price of Oil? Oil claws back some losses after 6-pct plunge, but outlook still weak Oil plummets to 13-month low as crude crash deepens |
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