• Oil prices ticked up Tuesday after losing steam again Monday, amid uncertainty on whether an OPEC-led production cut would be enough to move up a burgeoning crude supply glut and rebalance the market

Notícias do Mercado

11 dezembro 2018

Oil prices ticked up Tuesday after losing steam again Monday, amid uncertainty on whether an OPEC-led production cut would be enough to move up a burgeoning crude supply glut and rebalance the market

  • Oil investors were weighing Tuesday the efficacy of a 1.2-million-barrel-a-day output cut announced by the Organization of the Petroleum Exporting Countries and its allies at the end of last week. The move, which is set to take effect in January, bolstered prices by as much as 5% Friday, but both benchmarks closed down roughly 3% Monday

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