Crude Oil Bounces Back Above $45 Per Barrel Despite Glut

Crude Oil Bounces Back Above $45 Per Barrel Despite Glut

Ejiofor Alike with agency reports Crude oil yesterday edged up from multi-month low, but prices remained under pressure from a supply glut that has persisted despite the efforts led by the Organisation of Petroleum Exporting Countries (OPEC) efforts to balance the market. Since peaking at $55 per barrel in late February, crude has dropped around […]
Source: Crude Oil Bounces Back Above $45 Per Barrel Despite Glut

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post culled from thisdaylive