Oil Price Fundamental Daily Forecast – Oil Ministers May Try to Limit Libyan, Nigerian Production at Key OPEC Meeting

23 Jul by

Oil Price Fundamental Daily Forecast – Oil Ministers May Try to Limit Libyan, Nigerian Production at Key OPEC Meeting

U.S. West Texas Intermediate and international-benchmark Brent crude oil posted a volatile two-sided trade last week before settling lower. The bullish price action was fueled by a bigger-than-expected draw in U.S. inventories. The bearish news was increased production from OPEC. September WTI crude oil futures settled at $45.77, down $0.98 or -2.10% and October Brent … Continue reading Oil Price Fundamental Daily Forecast – Oil Ministers May Try to Limit Libyan, Nigerian Production at Key OPEC Meeting

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Source:: https://finance.yahoo.com/news/oil-price-fundamental-daily-forecast-042653961.html

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