Thursday, March 31, 2016

Oil Futures Jump More Than 13% For The Month


Oil futures finished the month on Thursday with a gain of more than 13%, with prices finding support from falling U.S. production and the prospect of a freeze in output by major producers.
May WTI crude settled at $38.34 a barrel on the New York Mercantile Exchange, up 2 cents for the session. Prices gained about 13.5% for the month and 3.5% for the quarter, according to FactSet.
Source: marketwatch

No comments:

Post a Comment