Live Crude Oil Prices, Trading Oil Futures And Crude Oil News - Oil Rises Above $133 on U.S. Supply Drop, Bank Price Forecasts

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Oil Rises Above $133 on U.S. Supply Drop, Bank Price Forecasts

Crude oil rose to a record above $133 a barrel as U.S. stockpiles unexpectedly dropped and banks raised price forecasts because of supply constraints and demand growth. Supplies fell 5.32 million barrels to 320.4 million last week, the biggest drop in four months, the Energy Department said. Oil for December 2016 delivery rose more than $19 a barrel, or 16 percent...

Topic: Global Oil Supplies

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