IBNLiveOil falls back on record-high US suppliesIBNLiveLondon: World oil prices hit reverse gear on Thursday, wiping out earlier gains, as traders switched their attention back to record-high US stockpiles, dealers said. US benchmark West Texas Intermediat …

The Daily StarParty mood for oil traders since 2008 price crashThe Daily StarLONDON: The oil price crash has meant slashed budgets, staff layoffs and mothballed projects for big producers, but oil traders will celebrate their best market for years this wee …