The only certainty in oil is more uncertainty

By hellenicshippingnews Oil registered the biggest weekly loss in almost 10 months as hopes faded that Opec will be able to implement a promised deal to cut production and ease global oversupplies. Once prices stop climbing, they (most often) correct. With little clarity about specific production cuts, prices initially rose above $50 per barrel but […]

Published November 7, 2016

By LizOutLoud

By hellenicshippingnews Oil registered the biggest weekly loss in almost 10 months as hopes faded that Opec will be able to implement a promised deal to cut production and ease global oversupplies. Once prices stop climbing, they (most often) correct. With little clarity about specific production cuts, prices initially rose above $50 per barrel but then started ... Read full story ›

Source:: Hellenic shipping news Oil

      

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