Oil Mixed On Hopes for Tighter Supply - News Summed Up

Oil Mixed On Hopes for Tighter Supply


Oil prices were mixed on Tuesday, following a week of straight gains that brought the global oil benchmark above $50 a barrel for the first time in two months, amid growing optimism that the market is tightening. Brent crude, the global oil benchmark, fell 0.17% to $52.61 a barrel on London’s ICE Futures exchange. On the New York Mercantile Exchange, West Texas Intermediate futures were trading up 0.02% at $50.18 a barrel.


Source: Wall Street Journal August 01, 2017 10:30 UTC



Loading...
Loading...
  

Loading...