Crude Oil WTI Tips – Keey Eye on $57.50 Above We See Only Blast – Neal Bhai Commodity Guru
Crude Oil prices rose on Friday amid expectations of supply cuts from OPEC, although record U.S. production dragged.
Crude oil at $70 per barrel ‘suits’ Russia, says Russian President Vladimir Putin
Russian President Vladimir Putin said on Thursday that the price of oil at $70 per barrel “suits” Moscow, while promising to “cooperate” with Saudi Arabia’s call to cut output in an effort to bolster prices.
“The situation as it is now, at around $70 (per barrel), suits us completely,” Putin said at a summit in Singapore.
