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As oil hits $70, warning lights flash up in Asia

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Oil hits $70, first time since 2014

12 January 2017, Singapore – Oil prices have risen above $70 per barrel for the first time since 2014 as investors bet supply cuts led by OPEC will dominate the market this year. But some traders are sounding a warning – the world’s biggest crude consuming region, Asia, is showing signs of an impending downward correction. …

The post As oil hits $70, warning lights flash up in Asia appeared first on SweetCrudeReports.

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As oil hits $70, warning lights flash up in Asia As oil hits $70, warning lights flash up in Asia Reviewed by Crude Oil Facilitators on 21:23 Rating: 5

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