Oil Trades Near Two-Month Low as Rig Gains Add to Glut Concerns – Bloomberg
Bloomberg Oil Trades Near Two-Month Low as Rig Gains Add to Glut ConcernsBloombergOil traded near the lowest close in more than two months as U.S. producers increased drilling for a fourth week, raising speculation a global glut will persist. Futures were little changed in New York after slipping 3.8 percent last week. Rigs …NYMEX crude […]
