U.S. Markets open in 9 hrs 26 mins

Oil dips after 3-year high; Opec, Russia cuts seen to support market

business-standard.com
Oil dips after 3-year high; Opec, Russia cuts seen to support market

Oil prices eased on Friday after hitting their highest levels since December 2014 the previous day. Despite the dip, analysts said market fundamentals going into 2018 were strong due to ongoing production cuts led by the Organization of the Petroleum Exporting Countries (OPEC) and Russia that coincide