Oil Prices Dip After U.S. Crude Hits Two-Year High - News Summed Up

Oil Prices Dip After U.S. Crude Hits Two-Year High


Oil prices eased on Thursday, after the U.S. market hit a more than two year high on reduced crude flow from Canada and falling stocks. Brent crude, the global oil benchmark, fell 0.5% to $62.98 a barrel on London’s ICE Futures exchange. On the New York Mercantile Exchange, West Texas Intermediate futures were trading down 0.3% at $57.85 a barrel. Trading was expected to be subdued given the U.S. Thanksgiving holiday.


Source: Wall Street Journal November 23, 2017 10:41 UTC



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