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Oil prices hold near annual peaks, awaiting OPEC cuts - Reuters
Reuters | Oil prices hold near annual peaks, awaiting OPEC cuts Reuters U.S. benchmark West Texas Intermediate (WTI) crude oil prices CLc1 were up 27 cents at $54.17 per barrel, not far from the year's high of $54.51 reached on Dec. 12. U.S. crude prices have gained 25 percent since mid-November, helped by expectations for ... Oil prices step back as investors cash in on latest rally China could derail OPEC's effort to balance oil markets this year, says analyst Oil Caps Longest Winning Streak Since August Ahead of OPEC Cuts |
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