Oil turns positive as market awaits EIA data

Oil turns positive as market awaits EIA data
17 May 2017, London — Oil prices strengthened on Wednesday ahead of U.S. crude inventory data that could give investors a clue as to whether an OPEC-led output cut is making progress in reducing the persistent global supply overhang. Brent crude was up 33 cents at $51.98 per barrel by 1100 GMT (7 a.m. ET). […] More »
Oil turns positive as market awaits EIA data Oil turns positive as market awaits EIA data Reviewed by Crude Oil Facilitators on 13:38 Rating: 5

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