Oil prices edge up, but set for first annual drop since 2015 - Dealers Care

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Tuesday, 1 January 2019

Oil prices edge up, but set for first annual drop since 2015

By Collin Eaton HOUSTON (Reuters) - Oil prices edged higher on Monday, the last day of 2018, but were en route for their first annual drop in three years as fears of a slowing global economy and emerging supply glut outweighed impending OPEC-led production cuts. Brent crude futures were up 21 cents at $53.42 a barrel by 1:28 p.m. EST, while U.S

from Latest News Business on Firstpost http://bit.ly/2s48A5s

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