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Oil dips after analysts pour cold water on output freeze prospects

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Oil dips after analysts pour cold water on output freeze prospects
11 April 2016, Singapore — Crude prices dipped on Monday as analysts, including Goldman Sachs, poured cold water on the prospects of a planned oil producer meeting successfully reining in global oversupply, although a firm demand outlook checked losses. U.S. crude eased to $39.50 by 0600 GMT, off the day’s high of $40.47 and down […] More »
Oil dips after analysts pour cold water on output freeze prospects Oil dips after analysts pour cold water on output freeze prospects Reviewed by Crude Oil Facilitators on 13:11 Rating: 5

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