Pages Navigation Menu

Philippines news, headlines, events , stories and all that is trending

Oil haunted again by US supply surge as rally above $51 stalls

United States crude supplies are again haunting¬†oil prices, chilling optimism over a possible extension of an Organization of Petroleum Exporting Countries (Opec)-led production cuts that helped drive a rally over the past week. Futures lost 0.3 percent in New York on Thursday. US output rose for a seventh week and inventories expanded to a fresh […]

This post was syndicated from BusinessMirror. Click here to read the full text on the original website.

Do you something awesome to share with the world? Click here to share

Follow us on twitter @philmonitor

Also, Like us on facebook

Leave a Reply

Be the First to Comment!

Notify of