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US Crude Ticks Up 2 Cents, Settling At $56.76, As Geopolitical Tension Offsets Rising U.S. Output

With the rise of U.S. Production as well as Middle Eastern tensions on the rise in the Oil Industry, prices have surprisingly remained stable. Despite apprehension regarding the potential output increase, middle eastern tensions have actually proven to support the market.

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US Crude Ticks Up 2 Cents, Settling At $56.76, As Geopolitical Tension Offsets Rising U.S. Output

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With the rise of U.S. Production as well as Middle Eastern tensions on the rise in the Oil Industry, prices have surprisingly remained stable. Despite apprehension regarding the potential output increase, middle eastern tensions have actually proven to support the market.

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