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Oil rises on potential OPEC cut extension, but still faces second weekly loss - Reuters
Reuters | Oil rises on potential OPEC cut extension, but still faces second weekly loss Reuters SINGAPORE Oil prices rose on Friday but were still on track for a second straight weekly loss on concerns that an OPEC-led production cut has failed to significantly tighten an oversupplied market. U.S. West Texas Intermediate (WTI) crude futures CLc1 ... Shale revolution casts shadow over longer-dated US oil futures World Bank Maintains Oil Price Forecast At $55 Oil prices rise on potential OPEC cut extension, but face 2nd weekly loss |
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