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Oil Hits Four-Month High On Commodities Rally, Doha Meeting Hopes

stander
stander
in Oil, Gas and Energy News

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NEW YORK, April 11 (Reuters) - Brent crude prices touched a four-month high on Monday in a rally fueled by strong markets across commodities, ahead of a meeting of oil producers in Doha next Sunday aimed at freezing current output levels.


The market received a small boost ahead of the settlement as a U.S. government forecast released on Monday said U.S. shale oil production is expected to fall for a seventh month in a row in May



http://www.downstreamtoday.com/news/article.aspx?a_id=51737


Great.. Lets get back to a hundred bucks a barrel !

Great.. Lets get back to a hundred bucks a barrel !

There you go jinxing it...

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