Oil pares early gains, trades near $57 as supply glut prevails

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Published in TZ Latest News 2 January, 2015 by The TZ Newswire Staff

Oil pares early gains, trades near $57 as supply glut prevails

By David Sheppard LONDON (Reuters) – Brent crude (LCOc1) pared early gains to trade near $57 (37 pounds) a barrel on Friday, as a glut of oil that has halved prices since June overshadowed investors repositioning …

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Published in TZ Latest News 2 January, 2015 by The TZ Newswire Staff

Oil pares early gains, trades near $57 as supply glut prevails

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