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Oil prices firm on rising political risk, but ample supply caps gains - Reuters
Reuters | Oil prices firm on rising political risk, but ample supply caps gains Reuters SINGAPORE Oil markets were firm on Wednesday on worries over geopolitical tensions in the Korean peninsula and the Middle East, although prices were capped as supply remains ample despite an OPEC-led drive to rein in production. Brent crude futures ... Oil's Longest Rally in Seven Years Falters as OPEC Supply Rises Oil rises more than 2 percent as US crude output slows Oil prices are more likely to make a big move higher than lower in second half, analysts say |
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