US Oil slumps on IEA, USD perks up [Video]

Stuart Cowell HFM

US Oil slumps on IEA, USD perks up – Oil is on intra day lows of $58.38, following a report from the IEA, forecasting that 2018 oil production growth could outstrip demand growth, resulting in increasing inventories. U.S. shale will provide the lion’s share of increased global output.

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Stuart Cowell

HFM

With over 25 years experience working for a host of globally recognized organisations in the City of London, Stuart Cowell is a passionate advocate of keeping things simple, doing what is probable and understanding how the news, c

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