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

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, […]

Published November 14, 2016

By LizOutLoud

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

      

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