Posts Tagged
SCS Commodities
Crude Oil Rises to Five-Month High as Market Seen Rebalancing
published Apr 26th 2016, 2:17 pm, by Mark Shenk (Bloomberg) —Oil closed at the highest level in more than five months in New York amid signs that a global surplus is gradually diminishing. Futures rose 3.3 percent. BP Plc Chief Executive Officer Bob Dudley, who in February joked that swimming pools might