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Michael Lynch president of Strategic Energy & Economic Research in Winchester Massachusetts

Business Headlines

published Jun 5, 2018, 2:44:38 PM, by Jessica Summers (Bloomberg) — Oil rose for the first time in four sessions as traders braced for a U.S. government report that’s expected to show sliding domestic crude stockpiles. Futures rose 1.2 percent in New York on Tuesday. Twelve of the 13 analysts

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Business Headlines

published Aug 27, 2017 5:19:41 PM, by Jessica Summers (Bloomberg) —Gasoline surged and oil was steady as flooding from Tropical Storm Harvey inundated refining centers along the Texas coast, shutting more than 10 percent of U.S. fuel-making capacity. Front-month gasoline futures jumped as much as 6.8 percent while oil added

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Business Headlines

published Aug 7th 2017, 12:18 pm, by Jessica Summers and Nico Grant (Bloomberg) —Oil fell as investors sought reassurance that the world’s largest oil producing countries are complying with their supply-cut deal. Futures slid as much as 2.1 percent in New York. Russia and Kuwait were said to meet producers

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Business Headlines

published Mar 14th 2017, 3:30 pm, by Robert Burgess (Bloomberg View) — Once again, global markets were paced by oil. Crude slumped for a seventh straight day to trade below $48 a barrel at one point, dragged lower this time by reports that Saudi Arabia raised its production back above

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