Oil drops on rising U.S. drilling, steady OPEC supply

Oil drops on rising U.S. drilling, steady OPEC supply
20 March 2017, Singapore — Oil prices fell on Monday, with already-bloated markets pressured by rising U.S. drilling activity and steady supplies from OPEC countries despite touted production cuts. As of 0800 GMT, prices for benchmark Brent crude futures were down 34 cents, or 0.66 percent, at $51.42 per barrel. U.S. West Texas Intermediate (WTI) […] More »
Oil drops on rising U.S. drilling, steady OPEC supply Oil drops on rising U.S. drilling, steady OPEC supply Reviewed by Crude Oil Facilitators on 08:53 Rating: 5

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