Oil climbs despite Saudi output pledge

“World oil prices advanced on Tuesday despite OPEC kingpin Saudi Arabia’s pledge to ensure sufficient supplies to cover Libya’s production shortfall.

Brent North Sea crude for delivery in April rose 67 cents to $112.47 per barrel.

New York’s light sweet crude for April, known as West Texas Intermediate (WTI), gained 35 cents to $97.32.”

Source: Oil climbs despite Saudi output pledge – Yahoo! News

OODA Analyst

OODA Analyst

OODA is comprised of a unique team of international experts capable of providing advanced intelligence and analysis, strategy and planning support, risk and threat management, training, decision support, crisis response, and security services to global corporations and governments.