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Oil markets range-bound as supplies remain plentiful amid OPEC-led cuts

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Oil markets range-bound as supplies remain plentiful amid OPEC-led cuts
01 February 2017, Singapore — Oil dipped on Wednesday, weighed by ongoing high supplies despite an OPEC-led production cut, but prices remained within a narrow range that has bound the market since late January. Brent crude futures LCOc1, the international benchmark for oil prices, were trading at $55.48 per barrel at 0140 GMT, down 10 […] More »
Oil markets range-bound as supplies remain plentiful amid OPEC-led cuts Oil markets range-bound as supplies remain plentiful amid OPEC-led cuts Reviewed by Crude Oil Facilitators on 10:21 Rating: 5

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