Oil steadies on dim OPEC demand forecast after early jump on Gulf of Mexico storm

July 11, 2019 admin Business News Comments Off on Oil steadies on dim OPEC demand forecast after early jump on Gulf of Mexico storm

Oil prices eased off early gains on Thursday as OPEC forecast slower demand for its crude next year, but crude futures hovered at near the highest in more than a month as oil rigs in the Gulf of Mexico were evacuated ahead of a storm.

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Source:: Reuters – Business News