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Oil prices retreat from $50 on oversupply concerns, stronger dollar - Reuters
Reuters | Oil prices retreat from $50 on oversupply concerns, stronger dollar Reuters Oil prices, which have risen nearly 90 percent from 12-year lows hit earlier this year, face pricing barriers to moving higher in the next three to five weeks, technical analysts said on Thursday, with Brent facing a significant hurdle at around $52 a ... Oil at $50: Where Are Crude Prices Headed Next? US benchmark crude oil tops $50 a barrel for the first time since October US oil settles under $50 as supply worries resurface |
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