Crude Oil Prices Dropped As Sentiment On Oil Soured - Dollar Advisory | Best Commodity Tips Provider

Breaking

Monday 24 July 2017

Crude Oil Prices Dropped As Sentiment On Oil Soured

Crude oil trading range for the day is 2900-3080.

Crude oil prices dropped as sentiment on oil soured after data indicating that OPEC’s supply was set to rise compared to June.

OPEC oil output is set to rise by 145,000 barrels per day this month, a company which tracks OPEC supply forecast.

The bearish news came ahead of data showing a slowdown in U.S. drilling activity suggesting a possible tightening in U.S. production growth.

For more information Call us ✆ +91 9111-179961 or Visit Dollar Advisory

No comments:

Post a Comment