Oil Futures Pull Back Anew After Overnight Drop
October 19 2017 - 11:16PM
Dow Jones News
By Lucy Craymer
--Oil prices were little changed in Asia, paring early gains
seen after crude pulled back Thursday.
--November Nymex light, sweet crude oil on the New York
Mercantile exchange was recently up 0.2% at $51.38 a barrel in the
Globex trading session. December Brent was flat at $57.23.
--The market has largely ignored bullish comments from the
Organization of the Petroleum Exporting Countries. Secretary
General Mohammed Barkindo said market balance is in sight while
Russian President Vladimir Putin said that any extension of current
production caps should continue through 2018.
Write to Lucy Craymer at lucy.craymer@wsj.com
(END) Dow Jones Newswires
October 19, 2017 23:01 ET (03:01 GMT)
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