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Oil rises on 90 percent compliance on OPEC output deal - Reuters
Reuters | Oil rises on 90 percent compliance on OPEC output deal Reuters The IEA, which advises industrial nations on energy policy, said that if current compliance levels are maintained, the global oil stocks overhang that has weighed on prices should fall by about 600,000 barrels per day (bpd) in the next six months ... Oil prices rise, but gains tempered amid signs of global supply rises US crude settles at $53, up 1.3%, as drop in gasoline stockpiles signals higher demand Oil up after petrol stock draw, but market bloated |
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