Crude Oil Fell As Concerns About Supply Disruptions Eased - Dollar Advisory | Best Commodity Tips Provider

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Tuesday 17 July 2018

Crude Oil Fell As Concerns About Supply Disruptions Eased

Crude oil trading range for the day is 4483-4937.

Crude oil fell as concerns about supply disruptions eased and Libyan ports resumed export activities.

The focus shifted toward possible supply increases, even as a Norwegian union for workers on offshore oil and gas drilling rigs stepped up a six-day strike.

Russia and other major oil producers may increase output further should supply shortages hit the global oil market, Russian Energy Minister Alexander Novak said.

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