from Oil N' Gold Focus http://www.oilngold.com/ong-focus/insights/crude-oil-prices-retreated-as-doubts-over-output-cut-remain--2016101233701/
Crude Oil Prices Retreated as Doubts over Output Cut Remain
Crude oil prices retreated on profit-taking and as the market cast doubt over whether Russia and OPEC’s production cut plan would materialize. The commodity sector is also weighed down by a strong US dollar which was lifted by heightened speculations of Fed funds rate hike in December. The front-month WTI crude contract slipped -1.09% but still managed to close above US$50/bbl.
from Oil N' Gold Focus http://www.oilngold.com/ong-focus/insights/crude-oil-prices-retreated-as-doubts-over-output-cut-remain--2016101233701/
from Oil N' Gold Focus http://www.oilngold.com/ong-focus/insights/crude-oil-prices-retreated-as-doubts-over-output-cut-remain--2016101233701/
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