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Oil Prices Fall on Record High U.S. Crude Production


Thursday, 17 January 2019 14:25 WIB

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Oil prices fell on Thursday in Asia after the U.S. Energy Information Administration (EIA) reported that American crude oil production reached a record 11.9 million bpd in the week ending Jan. 11, up from 11.7 million bpd a week earlier.

Crude Oil WTI Futures were down 0.7% at $51.97 per barrel by 12:48 AM ET (05:48 GMT).

International Brent Oil Futures slid 0.6% at $60.99 per barrel.

Source : Investing.com


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