Home Page : Archive News : January 2017 News : US crude settles at $52.37, posts first weekly loss in five weeks on OPEC output cut concern

US crude settles at $52.37, posts first weekly loss in five weeks on OPEC output cut concern

January 14, 2017

Oil prices fell on doubts over the extent of OPEC cuts, with sentiment worsened by concerns over the health of China.

Source: http://www.cnbc.com/2017/01/12/oil-steady-as-saudi-arabia-says-has-cut-output-but-oversupply-worries-linger.html
 
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