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Oil slips away from 2014 highs, though overall 2018 outlook remains firm - Reuters
Reuters | Oil slips away from 2014 highs, though overall 2018 outlook remains firm Reuters An expected rise in U.S. oil production C-OUT-T-EIA, currently at 9.5 million bpd, to above 10 million bpd soon has also weighed on prices, traders said. Despite the lower prices on Friday, many analysts expect crude markets to remain firm this year ... Brent crude rockets to 3-year high, breaking above $70 for first time since December 2014 Oil prices rise to hit four-year high of $70 a barrel Oil Reaches $70 a Barrel for First Time in Three Years |
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