This week's US stockpile data revealed that the US is restocking at a ferocious pace. Data from the American Petroleum Institute and the Energy Information Administration pointed to a substantial build in stock.
At 18:00 GMT, the weekly Baker Hughes Oil Rig Count will be published. The previous reading was at 503.
OPEC has no choice but to prolong current production cuts if it does not want to trigger a substantial nosedive move in Crude prices.
A significant part of the Libyan Oil supply came back online after protests ended at one of its major Oil fields.
暫無評論，立馬搶沙發