Energy
0

Oil Slips Below $64

Oil Slips  Below $64Oil 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.

Financialtribune.com