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REUTERS – Oil dips away from 2015 highs as rising US output weighs on outlook

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by December 22, 2017 General

Oil dips away from 2015 highs as rising US output weighs on outlook

Contributed by NAMPA / Reuters.

* Traders start closing positions ahead of Christmas, New
Year
* Forties pipeline system to re-open in early January -Ineos
* Climbing US output to weigh on oil markets in 2018/2019
-Rystad
By Henning Gloystein
SINGAPORE, Dec 22 (Reuters) – Oil prices on Friday dipped
away from 2015 highs reached the previous session, weighed down
by rising U.S. output and the expected January re-opening of the
Forties pipeline in the North Sea.
Dealt volumes of cr …

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