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Oil prices dip on lingering doubts of supply cut commitments - Reuters
Reuters | Oil prices dip on lingering doubts of supply cut commitments Reuters "Since the OPEC cut announcement, oil prices are above the $54 per barrel level which we believe is the... cash breakeven for the sector in 2017," U.S. investment bank Jefferies said. Friday's dips came after prices increased the previous day following ... US crude settles at $53.76, up 50 cents, as Saudi output cuts offset US products stockpile build Slick Gains: Speculative Money Fueling Oil Rally Saudis said to cut oil production in line with OPEC agreement |
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