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Oil prices slide amid glut concerns, US withdrawal from climate deal - Reuters
Reuters | Oil prices slide amid glut concerns, US withdrawal from climate deal Reuters A scenario that would not be favorable to oil prices." Surging U.S. production has put a strain on OPEC members' efforts to curb production to drain a global crude supply overhang and to prop up prices. A week ago, the Organization of the Petroleum ... A bullish 'golden cross' may be starting to form in crude oil Cannot rule out further output caps on oil producers, says OPEC secretary general Oil boosted after inventories post 8th straight weekly drop |
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