Oil pinned near three-month lows as gloom grows over OPEC

Oil pinned near three-month lows as gloom grows over OPEC

November 14, 2016
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By hellenicshippingnews Oil held steady around three-month lows on Monday, as the prospect of another year of oversupply and weak prices overshadowed chances that OPEC will reach a deal to cut output. Donald Trump’s surprise victory in last week’s U.S. presidential election has boosted stocks and the dollar, but undermined much of the commodities complex, including oil, … Read full story ›

Source:: Hellenic shipping news Oil