Oil eases from 2-1/2 year highs, focus on Saudi tensions

11/7/2017

After big gains, oil prices ease slightly. OPEC, with the inclusion of Russia, has agreed to cut crude output by 1.8 million barrels per day until at least March of 2018. OPEC meets later this month and has been widely expected to extend the deal. WTI Crude is at $57.23 this morning and Brent is $63.94

Source: reuters.com - By: Julia Simon - Image: Ernest Scheyder

Click here for full article

0 Comments

Your comment will be posted after it is approved.

Hours: M - F 8:00 a.m. - 5:00 p.m. Central

Telephone: 214-624-9867

Email: jnichols@peqtx.com

Redhawk Investment Group, LLC offers direct and alternative oil and gas investment opportunities that enable investors to participate in the potential cash flow and the unique tax benefits associated with oil and gas investments. There are significant risks associated with investing in oil and gas offerings. The information contained in this website is for informational purposes only and is not a solicitation to buy or sell any securities. Information on this site is not intended to be used as investment or tax advice. Consult your investment advisor or tax advisor concerning the current tax laws and effects on your personal tax situation.