ReutersGasoline soars and dollar dented as Tropical Storm Harvey ragesReutersHarvey has knocked out a quarter of oil production from the Gulf of Mexico, prompting fears it could overturn years of excess U.S. oil capacity and low prices. “Although the full …
Moneycontrol.comGasoline futures surge as Harvey swamps Texas, euro holds at 2-1/2-year highReutersThe region is home to a quarter of U.S. crude oil refining capacity, and some areas are expected to see a year's worth of rainfall in the span of a week. …
Moneycontrol.comUS gasoline futures surge after Harvey, euro holds gains on Draghi commentsReutersHarvey has knocked out a quarter of oil production from the Gulf of Mexico, prompting fears it could overturn years of U.S. excess oil capacity and low prices …
ReutersUS gasoline futures surge after Harvey, euro gains on Draghi commentsReutersGasoline futures soared as much as 6.8 percent at one point as the storm battered Texas, whose coastal refineries account for a quarter of U.S. crude oil refining capacity. …
ReutersStocks advance on modest oil bounceReutersOil edged up from November lows hit in the prior session, when U.S. crude hit its lowest intraday level since August 2016, sentiment remained negative from a supply glut that has persisted despite OPEC-led e …
ReutersEuropean stock markets stumble as oil languishes near lowsReuters"Most of the weakness in equity markets is related to the energy sector, and that's due to the massive weakness we've seen in oil, which is now trading in bear territory,& …
CBC.caCanadian dollar above 76 cents US as oil surges to 1½-year highCBC.caThe Canadian dollar stayed firm above 76 cents US on Monday after oil prices touched an 18-month high. The impetus for the rise in crude was an agreement between the Organization of …
ReutersOil jumps to highest since mid-2015, Fed hike on horizonReutersThe OPEC news and surge in oil prices were "good news for economic growth in the U.S. as well as Russia and others. But it will be to some extent tempered by a little bit of an impa …
USA TODAYGas prices heading back up after oil dealsUSA TODAYAfter hitting lows earlier this year, gasoline prices are on the march upward again and are poised to approach $3 per gallon in parts of the country in early 2017 following multiple deals to cut o …
ReutersOil jumps to highest since mid-2015, Fed rate hike loomsReuters"The original OPEC deal pointed to a fairly lumpy 3 percent cut (in production), so this suggests there is a bit more upside for oil prices," said Neil Williams, chief economis …