Oil prices fall on oversupply concerns despite output cuts – Reuters
Reuters |
Oil prices fall on oversupply concerns despite output cuts
Reuters SINGAPORE Oil prices eased on Tuesday as concerns over a crude and refined fuel glut outweighed an expected cut in U.S. shale production and a probable further draw in U.S. crude inventories. Crude prices fell more than 1 percent in the previous … Fear of a glut in supply keeps the pressure on crude pricesMarketWatch Oil Prices Fall on Product GlutWall Street Journal Oil Drops as Flows Unhindered Following Coup Attempt in TurkeyRigzone Seeking Alpha –StreetInsider.com –Nasdaq –FuelFix (blog) all 118 news articles » |