Oil Rebounds As U.S. Stockpiles Fall, But OPEC Freeze Unlikely

August 2016
Investors Business Daily;8/17/2016, p27
The article reports on the rebound of the oil market as of August 17, 2016. Topics discussed include the decline in U.S. crude stockpiles by 2.5 million barrels, reasons why the Organization of the Petroleum Exporting Countries (OPEC) may not freeze production, and the stock prices of oil companies Exxon Mobil Corp., Royal Dutch Shell PLC, BP PLC and Chevron Corp.


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