Oil rises towards $64 | The Daily Star
12:00 AM, December 20, 2017 / LAST MODIFIED: 12:00 AM, December 20, 2017

Oil rises towards $64

Oil edged up towards $64 a barrel on Tuesday, supported by the Forties pipeline outage in the North Sea, Opec-led supply cuts and expectations that US crude inventories fell for a fifth week.

Rising output in the United States put a lid on gains, however. Shale production will rise to a record in January, according to a government forecast published on Monday, as higher prices encourage companies to pump more.

Stay updated on the go with The Daily Star News App. Click here to download it for your device.

fifa world cup

Grameenphone and Robi:
Type START <space> BR and send SMS it to 2222

Banglalink:
Type START <space> BR and send SMS it to 2225

Leave your comments

Top News

Top News

Top