Home Page : Archive News : February 2017 News : US crude settles at $53.40, up 4 cents, but posts first weekly decline in five weeks | |
US crude settles at $53.40, up 4 cents, but posts first weekly decline in five weeks | |
February 18, 2017 Oil was pressured by rising stocks, but hope that an output cut by producers might balance the market capped losses. Source: http://www.cnbc.com/2017/02/16/oil-firms-as-opec-floats-extended-output-cut-markets-still-bloated.html |