Oil Heads for Third Weekly Loss as U.S. to Nigeria Prolong Glut

0
158

Oil headed for a third weekly drop as rising supplies from the U.S. to Nigeria showed that OPEC is still struggling to clear a global oil surplus.

Futures were little changed in New York, down 4.3 percent this week, and close to the levels traded when OPEC agreed output curbs in November. U.S…

Read More…..Source