Oil edges up, but signs point to growing glut of barrels

Oil edges up, but signs point to growing glut of barrels

November 5, 2015
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By hellenicshippingnews Oil prices rose on Thursday, paring some of the losses incurred a day earlier after data showed U.S. inventories had risen for a sixth week and weakness spread through the physical market. On Wednesday, oil fell nearly 4 percent after the Energy Information Administration said U.S. crude inventories added 2.85 million barrels last week, in … Read full story ›

Source:: Hellenic shipping news Oil