Russian Rhetoric Pulls Oil Futures Lower

摘要

Oil futures sank on Thursday as the US dollar gained strength and Russia threw cold water on the prospects of further supply cuts byOpec and its allies.In London,Brent crude for July delivery dropped by $2.10 to settle at $76.26 per barrel,while in New York,July West TexasIntermediate(WTI)on Nymex closed $2.51 lower at $71.83/bbl.