The Traderszone Network

Published in TZ Latest News 9 June, 2015 by The TZ Newswire Staff

Crude Tops $60 As U.S. Output Seen Declining

Crude rose amid signs that U.S. shale oil producers are succumbing to the Organization of the Petroleum Exporting Countries’ quest to defend its market share. Output from prolific tight-rock formations will decline through July to the lowest level since January, the Energy Information Administration reported Monday. U.S.

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