News

Oct

07

U.S. Oil Output On Brink of “Dramatic” Decline, Executive Says

Oil executives warned on Tuesday of a “dramatic” decline in U.S. production that could pave the way for a future spike in prices if fuel demand increases.


Oct

06

API Data Said To Show 1.2 Million-Barrel Decline In Crude Supplies

The American Petroleum Institute late Tuesday reported that crude supplies fell 1.2 million barrels for the week ended Oct. 2, according to sources.