Home Page : Archive News : May 2017 News : Oil holds gains as US rig count rises for 16th week, up 6 rigs to total of 703 | |
Oil holds gains as US rig count rises for 16th week, up 6 rigs to total of 703 | |
May 06, 2017 Oil had traded at its lowest since November on glut concern despite Saudi assurances Russia is ready to extend cuts. Source: http://www.cnbc.com/2017/05/04/oil-pinned-near-5-month-low-as-global-oversupply-weighs.html |