Home Page : Archive News : March 2016 News : Oil hits 2016 high above $41 despite glut warnings | |
Oil hits 2016 high above $41 despite glut warnings | |
March 08, 2016 Oil extended gains as producers sought a new anchor price for oil, although some analysts warned the worldwide glut is still big. Source: http://www.cnbc.com/2016/03/06/oil-rises-as-traders-close-short-positions-us-producers-cut-rig-count.html |