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caps gain

Oil rises on tightening supplies; ample US output caps gains

April 18, 2019 by DailyTimes.pk

Oil prices edged higher, supported by ongoing OPEC-led supply cuts and a surprise fall in US crude inventories, although gains were capped by strong US production. Brent crude futures were at $71.71 a barrel at 0500 GMT, up 9 cents, or 0.1 percent, from their last close and not far off Wednesday’s five-month high of […]

Filed Under: Business Tagged With: ample, caps gain, Oil rises, OPEC, tightening supplies, US

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