Reuters: Oil prices fall on firm dollar, profit-taking ahead of holidays

Abdullah Alazzaz
23 December 2016: “The production cuts will coincide with the first sale in January of US crude from the country’s strategic petroleum reserve, New York-based tanker and energy consultancy Poten & Partners said in a note on Thursday. Although volumes were small, the “US government is adding oil to the market at the same time that OPEC is trying to remove it,” Poten said.” To read full article, click here.
Visit Us On TwitterVisit Us On Linkedin