Crude Oil Prices Settle Higher as Iraq Warns Against Lifting Output Curbs

More from: | Investing.com |
0

© Reuters.

Investing.com – WTI crude oil prices settled higher Monday as Iraq’s oil minister warned producers against easing limits on production curbs offsetting reports of an uptick in Russian and Saudi output.

On the New York Mercantile Exchange for July delivery rose 36 cents to settle at $66.10 a barrel, while on London’s Intercontinental Exchange, added 2 cents to trade at $76.48 barrel.

Iraq’s oil minister, Jabar al-Luaibi, warned producers Monday against pumping more oil, claiming oil prices

(...)

Read full article » https://www.investing.com/news/commodities-news/crude-oil-prices-settle-higher-as-iraq-warns-against-lifting-output-curbs-1488501


About | Investing.com |

Investing.com is a global financial portal and internet brand composed of 28 editions in 21 languages and mobile apps for Android and iOS that provide news, analysis, streaming quotes and charts, technical data and financial tools about the global financial markets. Each edition covers a broad variety of local and global financial vehicles including Stocks, Bonds, Commodities, Currencies, Interest Rates, Futures and Options. Founded in 2007, Investing.com has a growing readership worldwide and is now a leading global financial portal committed to constantly launching innovative features and sections to ensure an optimal one-stop source for its readers.

»Twitter: @investingcom »Facebook: @investingdotcom