Home Page : Archive News : April 2017 News : US crude settles at $49.62, down more than 6% this week on OPEC output cut doubts

US crude settles at $49.62, down more than 6% this week on OPEC output cut doubts

April 22, 2017

Oil prices fell on doubts that an OPEC-led production cut will restore balance to an oversupplied market.

Source: http://www.cnbc.com/2017/04/20/oil-markets-remain-cautious-on-record-supplies.html
 
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