OIL REVIEW : Oil Falls as Traders Anticipate Higher Supply - Kedai Saham
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Tuesday, July 17, 2018

OIL REVIEW : Oil Falls as Traders Anticipate Higher Supply

‎OIL REVIEW : Oil Falls as Traders Anticipate Higher Supply

Oil prices fell more than 4% for the second time in the last four sessions, with traders anticipating that increased supply could cool a monthslong rally that has pushed crude to its highest level since 2014.

Light, sweet crude for August delivery declined $2.95, or 4.2%, to $68.06 a barrel on the New York Mercantile Exchange, just days after Wednesday's 5% drop.


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