Oil retreats after failing to hit $70 a barrel

3/22/2018

The confident mood in the oil market has been tempered by U.S. crude production, which climbed to a record 10.4 million bpd last week. U.S. output exceeded Saudi Arabia’s and is closing in on Russia’s 11 million bpd. WTI Crude is $64.86; Brent is $69.09 this morning.

Source: Reuters.com - By: Tom Balmforth - Image: Andrew Cullen

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: 844-952-7363

Email: InvestorRelations@redhawkinvestmentgroup.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.