Oil Prices Dip On Ongoing Oversupply - Business - Nairaland
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| Oil Prices Dip On Ongoing Oversupply by dexyking: 7:45am On Jul 25, 2016 |
Oil prices held near two-month lows on Monday amid worries that a global crude and refined product glut would weigh on markets for some time to come. International Brent crude oil futures were trading at $45.59 per barrel at 0424 GMT, down 10 cents from their previous close. U.S. West Texas Intermediate (WTI) crude was at $44.09, also down 10 cents a barrel. Both benchmarks were close to two-month lows reached last week. Traders said that ongoing oversupply and growing economic headwinds were weighing on oil. "Headwinds (are) growing for 2H16, hence our bearish oil...<<< read more by clicking the link below http://www.forexpot.com/market-news/oil-prices-dip-ongoing-oversupply-economic-headwinds-reuters/ |
| Re: Oil Prices Dip On Ongoing Oversupply by chachanga: 7:48am On Jul 25, 2016 |
Na today?! No be now Naija sef come dey sell poorly. And Govt still com dey negotiate with corrupt MENDMEND  Those NDA boys go show una, ehn? Chain, which way Nigeria   |
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