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Oil loses early gains, but still well supported - Reuters
Reuters | Oil loses early gains, but still well supported Reuters On Tuesday, the U.S. Energy Information Administration said it expected the country's oil output to rise in February, with production from shale rising by 111,000 barrels per day (bpd) to 6.55 million bpd. U.S. crude output C-OUT-T-EIA is expected to ... Oil-betting funds are having their cake and eating it Strong Oil Demand Growth Supports Oil At $70 Oil Extends Slide on Speculation Hedge-Fund Buying Went Too Far |
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