Friday 31 July 2015

OIL PRICES DIP AS OPEC OFFICIAL SAYS NO CUTS PLANNED

oil priceUS oil prices dipped Thursday, snapping a two-day streak of gains after a top official with OPEC reiterated that the cartel has no plans to cut petroleum production.

US benchmark West Texas Intermediate for delivery in September dropped 27 cents to $48.52 a barrel on the New York Mercantile Exchange.

Read more @ SweetCrude Reports

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