WTI crude posted an ugly finish to the week, falling $2.33 to $73.57 on Friday. Oil rallied strongly to start the week and was still holding in positive territory early today but slumped when Reuters, citing sources, reported that OPEC still plans to start gradually bringing on production in October.That led to a heavy round of selling that will mean the lowest weekly close since August 2 and the second-worst since February.One thing that oil traders might want to put on their radar is the hurricane map. It's been a quiet hurricane season so far but we're heading into the peak of storm season and there are a couple of prospects in the mid-Atlantic. The NHC gives a 40% chance of the nearest o
Hence then, the article about oil finishes the week sharply lower as the opec rumour mill begins was published today ( ) and is available onforex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Oil finishes the week sharply lower as the OPEC rumour mill begins )