Business, Fuel
Oil Drops as US Drilling Growth Threatens to Counter OPEC Cuts
Oil fell as U.S. drilling continued to rise, undermining the potential for even an extended OPEC output-reduction deal to rebalance the market.
Rakteem Katakey and Heesu Lee | Bloomberg News
March 20, 2017Business, Fuel
Oil Trades Near 17-Month High Before Planned OPEC Supply Cuts
Oil traded near the highest since July last year amid optimism OPEC and 11 other producing nations will cut output as promised, helping eliminate a global supply glut.
Rakteem Katakey and Heesu Lee | Bloomberg News
December 28, 2016Follow Us
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