from Oil N' Gold Focus http://www.oilngold.com/ong-focus/insights/weekly-fundamentals-promise-of-output-cut-in-doubt-2016101633720/
Weekly Fundamentals - Promise of Output Cut in Doubt
Increase in the number US oil rigs dampened sentiment, triggering a retreat in crude oil prices last Friday, and trimming the weekly gains of front-month WTI and Brent crude oil contracts to +1.08% and +0.04% respectively. Reversal in optimism was also brought about by Russian state-owned oil company’s denial of production freeze as well as completion of the short-covering by hedge fund managers.
from Oil N' Gold Focus http://www.oilngold.com/ong-focus/insights/weekly-fundamentals-promise-of-output-cut-in-doubt-2016101633720/
from Oil N' Gold Focus http://www.oilngold.com/ong-focus/insights/weekly-fundamentals-promise-of-output-cut-in-doubt-2016101633720/
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