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Oil pares gains as US supply concerns overshadow OPEC cuts - Reuters
Reuters | Oil pares gains as US supply concerns overshadow OPEC cuts Reuters "Oil just appears to be caught in a range at the moment and mainly focused on those supply considerations," said Ric Spooner, chief market analyst at CMC Markets in Sydney. Although OPEC countries are largely sticking to their agreement with compliance ... If OPEC cheats on its production cuts, here's when that oil probably starts flowing Oil climbs as global-output signals sway prices US Shales' Resurgence, and Not OPEC Cuts, is the Oil Story To Watch |
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