from Oil N' Gold Focus http://www.oilngold.com/ong-focus/insights/wti-broke-below-us50bblreaching-lowest-level-in-2017-2017031034351/
WTI Broke Below US$50/bbl,Reaching Lowest Level in 2017
WTI crude oil prices fell below US$50/bbl for the first time since last December, on concerns over rising US supply. Record high US inventory raised concerns that the rapid increase in US output would be unable to be offset by OPEC/non-OPEC production cut. Meanwhile, US president Donald Trump's move to deregulate the energy sector would be encouraging further rise in oil investment, raising concerns about the oil market fundamentals.
from Oil N' Gold Focus http://www.oilngold.com/ong-focus/insights/wti-broke-below-us50bblreaching-lowest-level-in-2017-2017031034351/
from Oil N' Gold Focus http://www.oilngold.com/ong-focus/insights/wti-broke-below-us50bblreaching-lowest-level-in-2017-2017031034351/
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