ABU DHABI / WAM The Association of Southeast Asian Nations (ASEAN) Committee, which consists of ...
Read More »Oil surges to 3-year high as US stockpiles plunge
Bloomberg Oil rose to a level last seen in late 2014 after US crude stockpiles tumbled by the most since September 2016. Domestic crude inventories declined by 9.89 million barrels last week, while refiners boosted oil processing rates and exports soared to a record, the Energy Information Administration said. Oil stored at the key pipeline hub in Cushing, Oklahoma, shrank ...
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