OPEC

Business, Fuel

Oil Dips as Recent Rebound Seen Lending to Global Output Rise

Robert Seale/Bloomberg News

Oil dropped as OPEC’s production increased last month, at a time when U.S. drillers are also ramping up.

Jessica Summers | Bloomberg News
October 2, 2017
Business, Fuel

Oil Climbs From Seven-Week High on Signs US Stockpiles Plunged

Oil Rig Robert Seale/Bloomberg News

Oil extended gains from the highest close in seven weeks as industry data showed U.S. crude stockpiles plunged, easing a glut.

Grant Smith | Bloomberg News
July 26, 2017
Business, Fuel

Oil Declines as OPEC’s Supply Is Seen at Highest Level This Year

Oil ship Shawn Baldwin

Oil declined after tanker-tracker Petro-Logistics SA said OPEC’s supply in July will be the highest this year.

Angelina Rascouet | Bloomberg News
July 21, 2017
Business, Fuel

Oil Steadies Amid Mixed Signals on US Crude Inventories

North Dakota Bakken shale Jim Gehrz/Minneapolis Star

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.

Bloomberg News
July 19, 2017
Fuel

Oil Extends Rally as Record US Shale Drilling Boom Stutters

Angel Navarrete/Bloomberg News

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.

Meenal Vamburkar | Bloomberg News
June 30, 2017

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