Crude oil continues to stabilise following its big leap off recent lows. Today sees the return of US traders who will need to digest news that Russia will not support production cuts, China's crude oil imports fell by 1 million bpd in August, and production from the Atlantic basin appears to be surging. Rising stock markets provided support on Tuesday for oil against these negative fundamentals.
from Ole Hansen - Authored content http://ift.tt/1LUQpSx
Crude oil gets help from stock market bounce
ad
Enregistrer un commentaire