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Oil edges up on tighter US fuel market; doubts over OPEC cuts weigh - Reuters
Reuters | Oil edges up on tighter US fuel market; doubts over OPEC cuts weigh Reuters SINGAPORE Oil prices edged up on Friday, pushed by a tighter U.S. fuel market and as technical indicators attracted buying from financial players, but doubts over the feasibility of a planned production cut still weighed on markets. Following a dip in ... US crude settles up 26 cents as product draws offset crude build Oil ends higher; traders cheer drop in US output, even as supplies tick up Crude Oil Price Forecast: Rising Prices Bring Higher Inventories |
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