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Monday, October 9, 2017

Oil stable on lower U.S. rig count, expectation of ongoing Saudi output restraint

  Mian Adeel Soomro       Monday, October 9, 2017
SINGAPORE (Reuters) - Oil prices stabilized on Monday, after a 2 percent slide on Friday, as the number of rigs drilling for new oil in the United States dipped and on expectations that Saudi Arabia would continue to restrain its output to support the market.


from Reuters: Business News http://ift.tt/2y5MIJ0
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Thanks for reading Oil stable on lower U.S. rig count, expectation of ongoing Saudi output restraint

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