Oil up after US report confirming stocks fell last week adds to … – Forbes- About: Stock Trading News
Oil up after US report confirming stocks fell last week adds to supply jitters – Forbes. LONDON (Thomson Financial) – Oil rose to just 3 pct short of a record high set in August after the US reported crude and gasoline stocks fell by more than expected last week, adding to supply jitters. US crude oil and gasoline stocks fell by more than the market had expected in the week to Aug 31, dropping 3. OPEC president Mohammed bin Dhaen al-Hamli, the latest minister to offer such statements, said at the World Economic Forum in China that the global oil market is well balanced and there is no shortage of crude oil supply. The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News. The content on this site, including news, quotes, data and other information, is provided by AFX News and its third party content providers for your personal information only, and neither AFX News nor its third party content providers shall be liable for any errors, inaccuracies or delays in content, or for any actions taken in reliance thereon. read more
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