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US oil prices hit highest since 2015, but doubts loom over rally - Reuters
Reuters | US oil prices hit highest since 2015, but doubts loom over rally Reuters A slight dip in the amount of rigs in the United States drilling for new oil was supporting WTI, traders said. The number of rigs drilling for oil fell by 5 to 742 in the week to Jan. 5, according to oil services firm Baker Hughes. Despite the recent ... Oil Toys With $62 Amid Iranian Friction, US Drilling Pullback Is An Oil Price Correction Overdue? Shadows picked up by satellites suggest Saudi Arabia underreported its oil stores last year |
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