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Oil jumps 1.7 percent, adds to year’s gains ahead of OPEC cuts

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Oil jumps 1.7 percent, adds to year’s gains ahead of OPEC cuts
27 December 2016, London/New York — Oil jumped 1.7 percent Tuesday, continuing its year-end rally with support from expectations of tighter supply once the first output cut deal between OPEC and non-OPEC producers in 15 years takes effect on Sunday. U.S. crude prices have surged 25 percent since mid-November, helped by expectations for OPEC’s supply […] More »
Oil jumps 1.7 percent, adds to year’s gains ahead of OPEC cuts Oil jumps 1.7 percent, adds to year’s gains ahead of OPEC cuts Reviewed by Crude Oil Facilitators on 21:16 Rating: 5

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