Bloomberg | Oil Falls as Reduced U.S. Refinery Activity Curbs Crude Demand Bloomberg Oil fell for a second day after the biggest drop in U.S. refinery activity in four months cut crude demand. Refinery utilization slowed by 1.8 percentage points last week, the biggest decline since Jan. 16, the U.S. Energy Information Administration ... Saudi Arabia claims success in tussle for oil market share Battle for oil market has only just started, says energy watchdog OPEC's crude oil demand to reach 111 million bpd by 2040 |