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Oil little changed as rising US output offset OPEC worries - Reuters
Reuters | Oil little changed as rising US output offset OPEC worries 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 ... Crude oil set for further rally, but US shale may spoil party Oil Toys With $62 Amid Iranian Friction, US Drilling Pullback Crude price spike is 'head fake' — except when it comes to heating oil, says energy expert Tom Kloza |
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