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Oil rebounds from one-month low on hopes for output cut extension

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Oil rebounds from one-month low on hopes for output cut extension
28 April 2017, London — Oil prices rebounded on Friday after dropping to a one-month low the previous day, prompting investors to buy at cheaper levels ahead of a May OPEC meeting at which producers could extend output cuts. Gains were also helped by a weaker dollar and signs that non-OPEC member Russia was fully […] More »
Oil rebounds from one-month low on hopes for output cut extension Oil rebounds from one-month low on hopes for output cut extension Reviewed by Crude Oil Brokers on 13:28 Rating: 5

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