Oil prices edge up; still near 2017 lows on stubborn glut

Oil prices edge up; still near 2017 lows on stubborn glut
17 June 2017, New York — Oil prices on Friday bounced up off the year’s lows as some producers reduced exports and U.S. rig additions slowed, but the rebound was modest and crude posted its fourth weekly decline on persistent concerns about global oversupply. Brent crude futures rose 45 cents to settle at $47.37 per […] More »
Oil prices edge up; still near 2017 lows on stubborn glut Oil prices edge up; still near 2017 lows on stubborn glut Reviewed by Crude Oil Facilitators on 15:37 Rating: 5

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