Oil Prices Slip As U.S. Crude Output Nears 12mbpd

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Oil Prices Slip As U.S. Crude Output Nears 12mbpd

« on: January 18, 2019, 07:04:25 am »

Oil Prices Slip As U.S. Crude Output Nears 12mbpd

Oil prices fell on Thursday as U.S. crude production neared an unprecedented 12 million barrels per day (bpd) just as worries about weakening demand emerge. U.S. West Texas Intermediate (WTI) crude futures CLc1 were at $51.92 per barrel at 0752 GMT, down 39 cents, or 0.8 per cent, from their last settlement. International Brent crude […]
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