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Oil prices drop early Monday on rise in US drilling Read more http://kualalumpurpost.net/oil-p

Kuala Lampur Post - News On Time -- Singapore – Oil prices fell on Monday as rising US drilling activity and steady supplies from OPEC countries despite touted production cuts pressured already-bloated markets.

Prices for front-month Brent crude futures, the international benchmark for oil, were 20 cents below their last settlement at 0025 GMT (8:25 p.m. ET on Sunday), at US$51.56 per barrel.

US West Texas Intermediate (WTI) crude futures were down 28 cents at US$48.50 a barrel.

Traders said that prices were under pressure due to rising US drilling activity and ongoing high supplies by the Organization of the Petroleum Exporting Countries (OPEC) despite its pledge to cut output by almost 1.8 million barrels per day (bpd) together with some other producers like Russia.

“Crude oil has attempted to break out of the trading


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Submitted Mar 20, 2017 By: ItisAJeepThing
Category: Daily News Article Discussions > Topics Add to favorite topics
Author Topic: Oil prices drop early Monday on rise in US drilling Read more http://kualalumpurpost.net/oil-p Back to Topics
REPLIES (newest first) Post a Reply
PTN2060
Champion Author California

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Message Posted: Mar 24, 2017 7:13:23 AM

k
52MPG
Champion Author Dayton

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Message Posted: Mar 21, 2017 11:25:28 PM

OK
lu9603
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Message Posted: Mar 21, 2017 12:52:59 PM

https://greatergood.com/
viperND
Champion Author South Bend

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Message Posted: Mar 21, 2017 5:09:04 AM

ok
studzo
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Message Posted: Mar 20, 2017 11:29:26 PM

Keep the prices low!!!
idigau22
Champion Author Washington

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Message Posted: Mar 20, 2017 9:42:08 PM

I am watching and waiting to see what happens! My oil stock is getting excited!
KCjones
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Message Posted: Mar 20, 2017 9:42:07 PM

good
WNM
Champion Author Illinois

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Message Posted: Mar 20, 2017 9:41:43 PM

Lots of oil. Prices should be lower.
Packard_Sonic
Rookie Author Wisconsin

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Message Posted: Mar 20, 2017 9:40:34 PM

Ok
woodeye55
Champion Author Gary

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Message Posted: Mar 20, 2017 9:40:28 PM

nice
kar2go
Champion Author St. Louis

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Message Posted: Mar 20, 2017 9:40:13 PM

Hmmmm.
ShadowACE
Champion Author Boston

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Message Posted: Mar 20, 2017 9:37:18 PM

Can't wait for this price change to hit the pumps....maybe in July...or August??
aalix
Champion Author Orange County

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Message Posted: Mar 20, 2017 9:36:40 PM

Bloated market will be around for a while.
koened
Champion Author Fort Wayne

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Message Posted: Mar 20, 2017 9:36:29 PM

ok
Fitwit
Champion Author Stockton

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Message Posted: Mar 20, 2017 9:36:09 PM

I haven't seen any drop in gas prices around here.
hockeybabe25
Champion Author Allentown

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Message Posted: Mar 20, 2017 9:35:55 PM

k
LucsPapa
Champion Author New Brunswick

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Message Posted: Mar 20, 2017 9:35:04 PM

Okay.
carloco75
Champion Author Richmond

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Message Posted: Mar 20, 2017 9:33:51 PM

Till When..
Isawitcheap
Champion Author Toronto

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Message Posted: Mar 20, 2017 9:33:39 PM

Ain't nobody gonna be happy until it's FREE!!
Rayman0670
Champion Author Toms River

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Message Posted: Mar 20, 2017 9:33:34 PM

AND?>??!!!
ModelWarships
Champion Author Missouri

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Message Posted: Mar 20, 2017 9:32:36 PM

k
Watchdawg
Champion Author Greenville

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Message Posted: Mar 20, 2017 9:32:21 PM

Drill, baby, drill!
CamryCheapster
Champion Author Massachusetts

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Message Posted: Mar 20, 2017 9:30:41 PM

Ok
Rednix
Champion Author Miami

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Message Posted: Mar 20, 2017 9:30:34 PM

Make $40 a barrel the new benchmark.
docjodrt
Rookie Author Detroit

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Message Posted: Mar 20, 2017 9:30:00 PM

Keep it down.
WGW1
Champion Author British Columbia

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Message Posted: Mar 20, 2017 9:28:20 PM

same old. oil prices drop. gas prices remain on the high end. what do you expect with economic terrorists who don't pay taxes but pull in billions?? can't afford to feed hungry seniors. TRUMP KNOWS NO SHAME.
smarte1
Champion Author Illinois

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Message Posted: Mar 20, 2017 9:25:24 PM

ok
jet727
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Message Posted: Mar 20, 2017 9:24:55 PM

ok
Marco319
Champion Author Maryland

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Message Posted: Mar 20, 2017 9:22:05 PM

Ok
Rt118E
Champion Author Pennsylvania

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Message Posted: Mar 20, 2017 9:21:04 PM

OH!
sdslim
Champion Author Florida

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Message Posted: Mar 20, 2017 9:19:27 PM

Good news.
RCB1
Champion Author Alabama

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Message Posted: Mar 20, 2017 9:15:38 PM

Pump that Co2 into the air
Hop1LA
Champion Author Baton Rouge

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Message Posted: Mar 20, 2017 9:14:02 PM

Keep prices low at the pump.
shane126
Champion Author Philadelphia

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Message Posted: Mar 20, 2017 9:10:20 PM

ok
Sydman
Champion Author Grand Rapids

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Message Posted: Mar 20, 2017 9:10:17 PM

oh my
ericbcire
Champion Author Nevada

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Message Posted: Mar 20, 2017 9:09:57 PM

Oil has been overpriced for far too long.
CorvairHaven
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Message Posted: Mar 20, 2017 9:09:05 PM

OK!!!!!
weisbrew
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Message Posted: Mar 20, 2017 9:08:38 PM

ok
dvsvets
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Message Posted: Mar 20, 2017 9:08:06 PM

Oh
Tony4150
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Message Posted: Mar 20, 2017 9:07:24 PM

Good
goalie1950
Champion Author Phoenix

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Message Posted: Mar 20, 2017 9:04:57 PM

How low can it go?
RetiredREMF
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Message Posted: Mar 20, 2017 8:55:59 PM

Great
letmathe
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Message Posted: Mar 20, 2017 8:48:23 PM

ok
JacosK
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Message Posted: Mar 20, 2017 8:47:30 PM

ok
barbs24
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Message Posted: Mar 20, 2017 8:47:15 PM

Not here, not yet, but open to the possibility.
fenster66
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Message Posted: Mar 20, 2017 8:46:26 PM

good....
natrud8991
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Message Posted: Mar 20, 2017 8:45:18 PM

Good, very good..
Costello
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Message Posted: Mar 20, 2017 8:44:12 PM

GOOD!!!!
namzza6310
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Message Posted: Mar 20, 2017 8:40:26 PM

ok
malcol6
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Message Posted: Mar 20, 2017 8:39:51 PM

Tricky financing
kishoreCA
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ok
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