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ICBC Global Market: Oil and Other Commodities Market Update - October 20, 2017
 

Oil prices fell on Thursday, breaking two weeks of gains on profit-taking. But geopolitical tensions in the Middle East and larger-than-expected production cut in the United States continued to provide a floor. Front-month U.S. West Texas Intermediate crude futures fell 1.21 percent at $51.40 a barrel. Front-month Brent crude futures ended down 1.49 percent to $57.33 a barrel. The spread between the two benchmarks stood at $5.93 a barrel.

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(2017-10-20)
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