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Oil in 2017 seen capped below $60/barrel by strong dollar, U.S. shale

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Oil in 2017 seen capped below $60/barrel by strong dollar, U.S. shale
29 December 2016, Bengaluru — Oil prices will gradually rise toward $60 per barrel by the end of 2017, a Reuters poll showed on Thursday, with further upside capped by a strong dollar, a likely recovery in U.S. oil output and possible non-compliance by OPEC with agreed cuts. Brent crude futures will average $56.90 a […] More »
Oil in 2017 seen capped below $60/barrel by strong dollar, U.S. shale Oil in 2017 seen capped below $60/barrel by strong dollar, U.S. shale Reviewed by Crude Oil Facilitators on 16:16 Rating: 5

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