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Oil prices twist in two directions as production-cut uncertainty persists - MarketWatch
MarketWatch | Oil prices twist in two directions as production-cut uncertainty persists MarketWatch Prices have been in a tight range of $50 to $55 a barrel for much of the past several months, as traders weighed OPEC's cut against a rebound in U.S. drilling by shale oil producers. Trading volumes have been more subdued the past two days, with Asian ... Oil edges further above $55 on Russia, OPEC cuts Why a US border adjustment tax would matter for the oil price US crude settles at $52.81, down 1.7% on the month as US supply concern offsets OPEC cuts |
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