CRUDE OIL UPDATE BY FORTUNE

Crude oil remained under pressure as the market remained focused on the discussion between OPEC members about whether they should increase production later this year,” ANZ said in a note.

“In the U.S., the data also presented a gloomy picture. Crude oil production rose to another record, while drilling activity picked up again.”

But U.S. West Texas Intermediate (WTI) crude CLc1 futures gained 6 cents, or 0.09 percent, to $65.87 a barrel. Last week, the market lost around 3 percent, adding to a near 5-percent decline from a week before.

 

Stay Connected For More Details
Call@9720409050

www.mcxfortune.com