Latest Oil Supply Cuts News

Oil rose higher after bouncing from $23.50 area during the New York session yesterday. Oil price strike higher as Russia willing to cut WTI output.
Oil remains below $25 area and the Bulls may push higher today. Oil is currently struggling to sustain the Bullish momentum after the price bounced from $20
Oil price pushed lower ahead of Oil Strong Bullish Move, as Libya and Iraq supplies decline confused the market. Check today's Oil Technical Analysis.
$40 secret Russian Oil price plan
May 03, 2018
Kristina Frunze
The Central bank of Russia believes that oil will hit $40 by the end of the current year. Do policymakers have a secret Russian Oil price plan?