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Oil steadies on dim OPEC demand forecast after early jump on Gulf of Mexico storm

A pump jack operates in front of a drilling rig at sunset in an oil field in Midland
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NEW YORK (Reuters) - Oil prices eased off early gains on Thursday as OPEC forecast slower demand for its crude next year, but crude futures hovered at near the highest in more than a month as oil rigs in the Gulf of Mexico were evacuated ahead of a storm.Brent crude futures fell 3 cents to $66.98 a barrel by 11:24 a.m. EDT (1524 GMT). During the session, they hit their highest since May 30 at..
Date Published: Jul 11, 2019
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