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Why the WTI Crude Oil Price Is Down Today - 7/31/15
The WTI crude oil price is down 1.4% today (Friday) after a report from Reuters indicated production from OPEC continues to grow.
The monthly survey indicated that OPEC production hit 32 million barrels per day (bpd) in July. That was up 140,000 bpd from June.
The WTI crude oil price is down 1.4% today (Friday) after a report from Reuters indicated production from OPEC continues to grow.
The monthly survey indicated that OPEC production hit 32 million barrels per day (bpd) in July. That was up 140,000 bpd from June.