Thursday 12 March 2015

Oil price rally waning, though WTI holding strong

OIL AND GAS
Oil price rally waning, though WTI holding strong
New York (UPI) Mar 10, 2015 - Crude oil prices continued their slow fade Tuesday even as U.S. data show evidence the bear market had an impact on the production behind recent market trends. The price for Brent, the global benchmark, slid about 1.3 percent from Monday's close to trade near $57.70 per barrel for the April contract early in Tuesday trading. Brent hit a low mark of around $45.13 per barrel mid January a ... more


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