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Oil edges up but remains near half-year lows as supply overhang weighs - Reuters
Reuters | Oil edges up but remains near half-year lows as supply overhang weighs Reuters SINGAPORE Oil prices edged up on Friday but remained near six-month lows, held down by an ongoing supply overhang that persists despite an OPEC-led effort to cut production and prop up crude markets. Brent crude futures were at $47.12 per barrel at ... Oil set to add to streak of weekly losses Oil Set for Longest Run of Weekly Losses Since 2015 Amid Glut OPEC Took Aim at US Oil Producers, but Hurt Itself, Too |
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