The Traderszone Network

Published in TZ Latest News 1 June, 2016 by The TZ Newswire Staff

Oil rebounds $1.25 from the lows on OPEC chatter

Oil still down on the day
WTI crude oil is down 15-cents at $49.00 but it’s more than $1.25 from the low touched just over an hour ago.
A Reuters report says OPEC is likely to consider an output ceiling at Thursday’s meeting, citing four sources.