Posts Tagged
With American crude selling at a 13 percent discount to the international benchmark
Oil Climbs as U.S. Stockpiles Point to Tightening Supply Picture
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