Crude Oil Prices Edged Higher, Near Three-Year Highs On Thursday - Dollar Advisory | Best Commodity Tips Provider

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Friday 12 January 2018

Crude Oil Prices Edged Higher, Near Three-Year Highs On Thursday

Crude oil prices edged higher, near three-year highs on Thursday in the midst of expectations that global oil demand growth and ongoing OPEC cuts would continue to reduce excess supplies.

The rally in oil prices continued with undiminished force amid investor cheerfulness that key factors supporting the late-2017 rally such as strong OPEC compliance, and bullish oil demand growth amid rising global economic growth would equalize the expected ramp up in non-OPEC output.

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