14745
Oil Slips  Below $64
Energy

Oil Slips Below $64

Oil eased below $64 a barrel on Friday as evidence this week of rising crude supplies from OPEC members outweighed signs of a slowdown in US output and Middle East tensions. Brent crude rallied 16 percent in April, supported by conflict in Yemen and the prospect that lower prices are starting to curb US shale output. Brent reached a 2015 high of $64.95 on Thursday, Reuters reported.

Short URL : http://goo.gl/EkaG70

You can also read ...

China on Pace for Record Solar Power Installations
China, the world’s biggest carbon emitter, is poised to...
Algiers, Tehran in Talks to Expand Energy Ties
Tehran is ready and willing to play a role in Algiers' joint...
Major repairs at Nouri plant are scheduled to start next month.
Nouri Petrochemical Company, one of Iran's top petrochemical...
IPO to Auction 41 Filling Stations in 14 Provinces
Iran Privatization Organization is scheduled to auction 41...
Zanganeh Says Most OPEC Members Back Extending Output Cuts
Oil Minister Bijan Namdar Zanganeh said on Monday that a...
Heavy oil from Iraq, Canada and Brazil are already replacing Venezuelan barrels.
As Venezuela’s dilapidated energy sector struggles to pump...
India's Import of US Coal  Quadruples
India’s coal imports from North America quadrupled to 2.1...
Crude Prices Lose Steam
Oil eased on Monday, as traders were reluctant to take on big...

Trending

Googleplus