Oil futures retreat from highest levels since March to end lower – MarketWatch
Oil futures were in a loss on Tuesday as US prices retreated from their highest intraday level since March. A monthly report from the Energy Information Administration showed lower expectations for US crude production this year, as well as higher oil price forecasts for 2020. Phil Flynn, Senior Market Analyst at The Price Futures Group called the report “bullish” but said “oil cannot ignore the…
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