Tue. Jul 16th, 2019

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Bruce Linton says he was fired as co-CEO of Canadian pot company Canopy Growth

Bruce Linton says he was fired as co-CEO of Canadian pot company Canopy Growth

On Thursday, after solid gains the day before oil prices inched lower, pressured by data showing a smaller-than-expected turn down in crude stockpiles in the United States.

Front-month Brent crude futures, the global benchmark for prices of oil, were down 0.4% at $63.60 for each barrel by 0112 GMT. On Wednesday, Brent closed up 2.3%.

The United States WTI (West Texas Intermediate) crude futures were down 0.3% at $57.18 for each barrel. On Wednesday WTI closed up 1.9%. That compared with analyst prospects for a decrease of 3 million barrels.

Edward Moya, senior analyst, OANDA said that “the U.S. oil market remains oversupplied,”

Crude prices were underpinned after the group, known as OPEC+ (Organization of the Petroleum Exporting Countries) and other producers such as Russia on Tuesday agreed on to extend oil supply cuts in anticipation of March 2020.


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Howard Gonzales

f any significant news with regards to the healthcare and wellness of the people arises, we can count on Howard to be on top of it! His constant dedication to the job and steady research ensures that the quality standards of the news portal are met. In his downtime, he can be found with his nose buried in a medical journal or a health magazine.
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