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Oil down as market stays well supplied despite OPEC cuts - Reuters
Reuters | Oil down as market stays well supplied despite OPEC cuts Reuters LONDON Oil prices slipped on Thursday as the market remained well supplied with crude despite efforts by OPEC and other big exporters to curb production and support prices. Brent crude was down 17 cents at $52.04 a barrel by 0837 GMT. U.S. crude oil ... Today's oil prices are helping US drillers beat OPEC. Goldman's Jeffrey Currie explains how Oil prices step back as focus turns to OPEC meeting Oil Stuck in Trump Slump as Risk Aversion Damps U.S. Supply Drop |
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