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Oil stable on OPEC-led cuts, but market remains range-bound - Yahoo Finance
Reuters | Oil stable on OPEC-led cuts, but market remains range-bound Yahoo Finance SINGAPORE (Reuters) - Oil prices were stable on Tuesday, supported by an OPEC-led effort to cut output while rising production elsewhere kept crude futures within the narrow range that has contained them so far this year. Brent crude futures were ... Oil down 2 percent as dollar firms, OPEC compliance rate shrugged off US crude settles at $52.93, down 1.7% on concerns about rise in US drilling Oil suffers first loss in 4 sessions as US output concerns flare up |
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