Monday, 29 January 2018

Oil markets firm on strong demand, ongoing OPEC-led supply restraint

Oil markets firm on strong demand, ongoing OPEC-led supply restraint

29 January 2018, Singapore — Oil prices held firm on Monday, supported by strong demand, a weak dollar and ongoing supply cuts lead by OPEC and Russia, although soaring U.S. output means many analysts expect crude prices to fall later in the year. U.S. West Texas Intermediate (WTI) crude futures CLc1 were at $66.34 a …

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