Home Page : Archive News : February 2016 News : Crude jumps 5%, but oversupply still damps outlook | |
Crude jumps 5%, but oversupply still damps outlook | |
February 12, 2016 Oil jumped more than 5 percent on Friday amidst hopes of a coordinated production cut, yet analysts said such a move remained unlikely. Source: http://www.cnbc.com/2016/02/11/us-crude-prices-jump-4-from-12-year-lows-but-outlook-still-bleak.html |