Home Page : Archive News : May 2017 News : Oil slides to session lows after EIA hikes US output forecast, lowers price outlook | |
Oil slides to session lows after EIA hikes US output forecast, lowers price outlook | |
May 10, 2017 Slowing demand and a rise in U.S. crude output shook investors' faith in the ability of OPEC to balance the oil market. Source: http://www.cnbc.com/2017/05/08/oil-prices-edge-up-in-anticipation-of-extended-crude-output-cut.html |