©2016 Bloomberg News O41FLP6S972G (Bloomberg) — The top of the oil market may be closer than you think. With Brent futures having bounced back to $40 a barrel, the International Energy Agency sees “light at the end of the tunnel,” and Goldman Sachs Group Inc. is spotting “green shoots.” Even
published Jan 25th 2017, 2:23 pm, by Mark Shenk (Bloomberg) —Oil declined after a U.S. government report showed crude and fuel inventories increased. Futures fell 0.8 percent in New York. Crude supplies rose 2.84 million barrels in the week ended Jan. 20, the Energy Information Administration said. Gasoline stockpiles climbed a fourth