Oil Prices Rise on Tightening Global Market Signs - News Summed Up

Oil Prices Rise on Tightening Global Market Signs


Oil prices rose Monday on more signs of a tightening global oil market, despite the release of OPEC data which signaled robust production. U.S. crude futures climbed 49 cents, or 0.69%, to $71.19 a barrel on the New York Mercantile Exchange. Brent, the global benchmark, rose $1.02, or 1.32%, to $78.14 a barrel on ICE Futures Europe. The Organization...


Source: Wall Street Journal May 14, 2018 10:33 UTC



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