Posts Tagged
global glut
Oil Extends Losses as U.S. Rigs Drilling for Crude Rise 2nd Week
published Jun 12th 2016, 5:52 pm, by Stephen Stapczynski (Bloomberg) — Crude fell a third day after the number of rigs drilling for oil in the U.S. rose for a second week. Futures fell as much as 1 percent in New York after dropping 4.2 percent in the previous two