Oil climbs, but record U.S. crude output, higher OPEC supplies drag

June 5, 2018 admin Business News Comments Off on Oil climbs, but record U.S. crude output, higher OPEC supplies drag

SEOUL (Reuters) – Oil prices edged higher on Tuesday after falling nearly 2 percent in the previous session, but growing U.S. production and expectations of higher OPEC supplies continue to weigh on sentiment.

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Source:: Reuters – Business News