Oil falls from one-year highs as investors question OPEC deal

Oil falls from one-year highs as investors question OPEC deal

October 11, 2016
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By hellenicshippingnews Oil fell back from one-year highs on Tuesday, knocked by concern that a production cut by the world’s largest exporters might not be enough to erode a two-year old global surplus of unwanted crude oil. Oil prices jumped as much as 3 percent on Monday, after Russia and Saudi Arabia both said a deal between … Read full story ›

Source:: Hellenic shipping news Oil