Oil Prices Pressured by Rising U.S. Rig Count - News Summed Up

Oil Prices Pressured by Rising U.S. Rig Count


LONDON—Oil prices started the week slightly lower Monday, pressured by a rising U.S. rig count, even as the price of crude continues to hover near record three-year highs. Brent crude, the global benchmark, was down 0.2% at $69.73 a barrel, on London’s Intercontinental Exchange. On the New York Mercantile Exchange, West Texas Intermediate futures were trading down 0.1%, at $64.24 a barrel.


Source: Wall Street Journal January 15, 2018 11:15 UTC



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