Oil extended gains from the highest close in seven weeks as industry data showed U.S. crude stockpiles plunged, easing a glut.
July 26, 2017Business, Fuel
Oil Declines as OPEC’s Supply Is Seen at Highest Level This Year
Oil declined after tanker-tracker Petro-Logistics SA said OPEC’s supply in July will be the highest this year.
July 21, 2017Business, Fuel
Oil Steadies Amid Mixed Signals on US Crude Inventories
Oil was steady amid mixed signals on U.S. crude inventories, with industry data showing supplies increased last week while government statistics were expected to show a decline.
July 19, 2017Fuel
Oil Extends Rally as Record US Shale Drilling Boom Stutters
Oil extended the longest run of gains in six months after U.S. shale explorers paused a record drilling expansion in a sign the boom may be slowing down.
June 30, 2017