Oil prices rose on Monday after flirting with US$95 a barrel earlier in the session, as expectations of a supply deficit stemming from extended output cuts by Saudi Arabia and Russia as well as weak shale production outweighed concerns about demand. Read on The Business Times
Oil prices rise as tight supply outlook offsets demand woes
Oil prices rose on Monday after flirting with US$95 a barrel earlier in the session, as expectations of a supply deficit stemming from extended output cuts by Saudi Arabia and Russia as well as weak shale production outweighed concerns about demand. Read on The Business Times
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