Crude oil fell on Tuesday, snapping four days of gains, on concern a U.S. government report will show stockpiles climbed from the highest level since September 1990. Crude oil for June delivery declined as much as 77 cents, or 1.4 per cent, to $53.70 a barrel in electronic trading on the New York Mercantile Exchange. Oil is up 21 per cent this year.
Articles Tagged "target"
Companies have targeted offshore developments in more expensive, harder-to-drill deepwater environments. For full story, click here
India has failed to meet its planned production target for oil and gas in August and September due to Reliance Industries’ (RIL) delay in commercial production at its prosperous Krishna Godavari basin. For full story, click here