Tuesday, April 14, 2015

WTI Nears $54 On US Output Cut Hopes

Crude oil prices have been underpinned by a weaker US dollar today which in turn has been undermined by some weaker than expected data. Although retail sales rose 0.9% and core sales increased 0.4% month-over-month in March, these figures were still below the expected readings of 1.1% and 0.7% respectively.



Continue Read...

0 comments:

Post a Comment

Site Search