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Oil rises, but faces prospect of growing U.S. output

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Oil rises, but faces prospect of growing U.S. output
20 February 2017, London — Oil prices rose on Monday but gains were limited as investors gauged whether an increase in U.S. drilling rigs and record stockpiles might offset the existing push by producers to cut output and bring the market into balance. Brent futures LCOc1 were up 50 cents at $56.31 a barrel at […] More »
Oil rises, but faces prospect of growing U.S. output Oil rises, but faces prospect of growing U.S. output Reviewed by Crude Oil Facilitators on 15:36 Rating: 5

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