Crude oil recovered on short covering but sentiment remained negative as fears grew that rising output from US, Nigeria and Libya would continue to weigh.
OPEC is expected to insist Libya and Nigeria take part in the cartel's supply quota plan.
U.S. energy firms added seven oil drilling rigs last week, marking a 24th week of increases out of the last 25 and bringing the total count up to 763.
For more information Call us ✆ +91 9111-179961 or Visit Dollar Advisory
No comments:
Post a Comment