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Bloomberg Business: Oil Drops After Biggest 4-Day Gain Since 2009 Before Supply Data
Copyright 2015 Bloomberg. NJ8B9V6K50YF (Bloomberg) — Oil fell after the biggest four-day rally since January 2009 before government data forecast to show crude inventories expanded in the U.S., the world’s largest oil consumer. Futures dropped as much as 2.6 percent in New York. Crude stockpiles probably rose by 3.25 million
Bloomberg Business: Deferred Oil Well Completions Keeping Supply Out of U.S. Market
©2015 Bloomberg News NMIDR86K50Y5 (Bloomberg) — Companies delaying the completion of wells that have been drilled are keeping 373,000 barrels a day of oil out of the market, energy intelligence firm Genscape Inc. said. Six companies announced plans to defer completing a total of 845 drilled wells this year, Genscape
