barrels

Oil rises 3% with landmark global release from reserves smaller than expected

elean 24 November

4 minutes

NEW YORK (BLOOMBERG, REUTERS) – Oil prices climbed on Tuesday (Nov 23) as a landmark coordinated move by the United States and other consumer nations to tap their strategic oil reserves was […]

SeaPRwire

Oil jumps US$1 per barrel as Texas freeze prompts US output drop

elean 18 February

3 minutes

NEW YORK (REUTERS) – Oil prices gained more than US$1 a barrel on Wednesday (Feb 17), as frigid Texas temperatures shut production across the largest US crude producing state, with […]