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US crude settles up 1.1% at $49.72, snapping 3-day losing streak on OPEC comments - CNBC
Business Insider | US crude settles up 1.1% at $49.72, snapping 3-day losing streak on OPEC comments CNBC Oil edged higher on Thursday, lifted by a reported drop in U.S. crude inventories stored at the Cushing, Oklahoma, delivery hub, and as commitments from Gulf OPEC members assuaged lingering doubts in the market about cooperation from other producers. Crude oil spikes as more OPEC rumors surface Full Scale Oil Price Recovery Unlikely As 5000 DUC's May Come Online As cracks emerge in global oil pact, Saudis may need to compromise |
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