Tuesday 9 August 2016

Oil higher on OPEC supply curb talk

Oil was higher early Monday on talk of supply curbs by some OPEC members. U.S. crude was up 62 cents, or 1.48%, at $42.42 at 06:45 ET, while Brent crude added 1.38% to $44.88. The possibility of an OPEC cap on output is unlikely as key memberspush ahead with efforts to increase market share. OPEC said Monday it expects demand for oil and prices to increase in the
Read more - https://www.goldcruderesearch.com/comex.php

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