WTI steadies after passing $92 as EIA warns of US crude output slowdown

On Tuesday, US WTI crude is reaching new ten-month highs. According to reports, the US shale output may fall faster than anticipated. Aiming at $100 per barrel, the outlook for oil is firmly favourable. In Tuesday’s trading session, WTI crude oil barrels briefly crossed the $93.00/bbl mark, before retreating to $90.85 as at the time … Continue reading WTI steadies after passing $92 as EIA warns of US crude output slowdown