Oil prices slip, but ongoing supply cuts support

Capt. John

Oil markets fell on Thursday despite a surprise decline in U.S. inventories, but the price drops were tempered by a smaller-than-expected reduction in gasoline stocks and ongoing OPEC-led supply cuts. Brent crude futures were at $71.43 a barrel at 0700 GMT, down 19 cents, or 0.3 percent, from their...

https://www.hellenicshippingnews.com/oil-prices-slip-but-ongoing-supply-cuts-support/

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon