Oil futures ease, face weekly decline as glut fears persist

Oil futures ease, face weekly decline as glut fears persist
22 July 2016, Singapore — Crude oil futures eased on Friday, extending big falls in the previous session as investors reassessed U.S. data underlining the glut in petroleum, while Iraqi crude exports are also on the rise. The global oversupply of oil has been easing but with huge amounts of crude being held in tanks […] More »
Oil futures ease, face weekly decline as glut fears persist Oil futures ease, face weekly decline as glut fears persist Reviewed by Crude Oil Brokers on 11:01 Rating: 5

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