Crude oil prices edged down around the low of $50 a barrel on Wednesday following a volatile trade after a report by the Organization of the Petroleum Exporting Countries added to growing concerns about the cartel’s commitment to curtail production. Oil prices were choppy after an OPEC report showed discrepancies between the data from the oil cartel and information provided by individual member countries—underscoring the challenges...
Source: Wall Street Journal October 12, 2016 10:29 UTC