Friday, 20 March 2015

Oil prices continue slide amid oversupply

OIL AND GAS
Oil prices continue slide amid oversupply
Washington (UPI) Mar 17, 2015 - Oil prices continued to slide Tuesday as global supply remains high, sending West Texas Intermediate to a new six-year low and and pushing Brent back down from recent gains. WTI for April delivery was trading at $43.38 early Tuesday, down 55 cents from the previous close, its lowest level since March 2009. While U.S. oil inventories remain near record highs, a Drilling Productivi ... more


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