Articles Tagged "time"

Crude oil headed for $71.55 a barrel

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.

Oil majors face some costly questions

The big three listed ‘integrated’ oil and gas players – so-called because they match “upstream” production with “midstream” transport and “downstream” marketing – have kicked off the UK company reporting season. For full story, click here