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Oil Claws Back Gains

OilPrice.com Friday, 16 February 2018
Oil markets recovered on Friday, clawing back gains that were lost in the last oil price correction. (Click to enlarge) (Click to enlarge) (Click to enlarge) (Click to enlarge) (Click to enlarge) (Click to enlarge) (Click to enlarge) Friday, February 16, 2018 Oil prices continued to post modest gains at the end of the week, rising on the back of a falling dollar and comments from Saudi Arabia that bolstered confidence in the longevity of the OPEC cuts. The broader upswing in equity markets also helped crude benchmarks. Russia and Saudi Arabia sign…
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Credit: Bloomberg Global Business - Published < > Embed
News video: Oil Halts Gains as Crude Bulls Are Cautious

▶ Oil Halts Gains as Crude Bulls Are Cautious 02:36

Feb.19 -- Vivek Dhar, CBA Mining & Energy Commodities Associate Director, discusses the price and production of oil with Ramy Inocencio and Haidi Lun on "Bloomberg Daybreak: Australia."

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