15220
Oil Prices Below $62
Energy

Oil Prices Below $62

Oil prices dipped under $62 a barrel on Wednesday after industry data showed a build in US crude inventories for the 15th straight week, adding to concerns of a global supply glut.  Brent crude for June delivery was down 45 cents at $61.63 a barrel on Wednesday, while US crude for June delivery fell 51 cents to $56.10 a barrel, Reuters reported.

 

Short URL : http://goo.gl/oO4xXI

You can also read ...

Canada Ships Biggest Oil Consignment to China
A tanker loaded with around 514,000 barrels of oil has set...
Japan to Toe US Line, Stop Iranian Oil Imports
Japanese oil distributors are preparing to stop importing...
Saudis Reap Benefit From US-China Trade War
Saudi Aramco is winning thanks to US President Donald Trump’s...
Oil Prices Set to Drop Over Excess Supply
Crude prices rose on Friday, but were still set for a weekly...
South Pars has 24 standard phases, most of which are fully operational.
The giant South Pars Gas Field in the Persian Gulf is slated...
7 Power Projects Take Off
Energy Minister Reza Ardakanian on Thursday inaugurated seven...
Oman to Finalize Gas Supply Contract by August
Tehran and Muscat are planning to sign a final agreement on...

Trending

Googleplus