Business, Fuel

Oil Trades Below $50 After US Supply Glut Erases OPEC's Gains

West Texas Intermediate crude traded below $50 a barrel after surging U.S. supplies wiped out gains in the three months since OPEC’s decision to cut output.

March 10, 2017
Business, Fuel

Oil Rises From Five-Month Low

Oil rose from the lowest level in almost five months in New York as Chinese crude imports climbed to a record in July.

August 10, 2015