U.S. Markets close in 5 hrs 46 mins

Oil Futures Spread: Bullish Sentiments Fall despite Tanker Attack

Rabindra Samanta
Oil Futures Spread: Bullish Sentiments Fall despite Tanker Attack

The decrease in the International Energy Agency’s demand growth forecast for 2019 and the expectation of a rise in the oil rig count might have dragged oil’s futures spread and prices.