Crude Oil Gained After De Facto OPEC Leader Saudi Arabia Vowed - Dollar Advisory | Best Commodity Tips Provider

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Wednesday 11 October 2017

Crude Oil Gained After De Facto OPEC Leader Saudi Arabia Vowed

Crude Oil trading range for the day is 3212-3394.

Crude oil gained after de facto OPEC leader Saudi Arabia vowed to reduce monthly crude exports amid expectations that market rebalancing is underway.

OPEC’s Secretary General Mohammed Barkindo called on U.S. shale oil producers to help curtail global oil supply.

OPEC's Secretary General: Forecast oil demand at 2m b/d in 2h of 2017, current cycle of low oil prices is unprecedented.

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