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Oil market capped as US output fast approaches 10 million bpd - Reuters
Reuters | Oil market capped as US output fast approaches 10 million bpd Reuters “We expect the first few months of 2018 to be either flat or a build (in inventories), as it is typically the case with the seasonality in the oil market,” Khalid al-Falih told Reuters on Wednesday. U.S. oil output is close to breaking through 10 ... Oil price outlook dependent on US shale production Oil prices stable on lower US crude stocks, but rising output weighs Oil holds gains near 2-week high after US stockpiles tumble |
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