Wednesday 1 November 2017

Crude Oil Prices Continue To Climb On OPEC Compliance Boost

Crude oil prices continued to climb on Wednesday, boosted by signs of improving compliance with the Organization of the Petroleum Exporting Countries's supply cut deal.
The U.S. West Texas Intermediate crude December contract was up42 cents or about 0.77% at $54.80 a barrel, the highest since January.
The reports came after OPEC’s Secretary General Mohammad Barkindo noted last week comments from both Saudi Arabian Crown Prince Mohammed bin Salman and Russian President Vladimir Putin that suggested they were in favor of a nine-month extension for the current deal to cut production by 1.8 million barrels a day. For More Information About Commodity Market Tips Please Visit : www.paceresearchindia.com and Call : 8817774774

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