Home Page : Archive News : August 2016 News : Oil roughly flat as report of record Saudi output offsets stock draws | |
Oil roughly flat as report of record Saudi output offsets stock draws | |
August 18, 2016 The oil rally paused on Wednesday as a surprise draw in U.S. crude and gas stocks was offset by reports Saudi Arabia is increasing its output. Source: http://www.cnbc.com/2016/08/16/oil-prices-fall-on-doubts-that-producers-can-agree-output-restraint.html |