Oil Nudges Higher, But Ample Global Production Weighs

www.oann.com | 6/9/2016 | Staff
itsdonaldkitsdonaldk (Posted by) Level 3
SYDNEY (Reuters) – Oil prices steadied on Tuesday, edging up from a near two-week low in the previous session when prices fell around 3 percent on fears of supply growth and a global economic slowdown.

U.S. West Texas Intermediate (WTI) crude futures were at $52.07 per barrel, up 8 cents from their last settlement. WTI futures closed down 3.2 percent on Monday when prices touched $51.33 a barrel – the lowest since Jan. 17.

International - Brent - Crude - Oil - Futures

International Brent crude oil futures had yet to trade, after closing down 2.8...
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