12 February 2016, London — Oil prices jumped on Friday on hopes of a coordinated production cut sparked by comments from the energy minister of OPEC member United Arab Emirates. Still, analysts said such a move remained unlikely and prices for Brent and U.S. West Texas Intermediate (WTI) crude were on track for weekly losses […] More »
Oil prices jump but weekly losses and physical excess loom
Reviewed by Crude Oil Facilitators
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