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
 
Related Updates