Thursday 19 April 2018

Oil steady near $74, watching US economy

Oil was steady on Monday after dropping 3.7 per cent last week, as investors remained on the lookout for signs of sustained economic growth in the US ahead of a key Federal Reserve policy meeting. US crude for October, which expires on Tue


Karl kills 2 in Mexico, weakens to depression

Hurricane Karl hit Mexico's central Gulf Coast, killing two people in a mudslide, and weakened quickly to a tropical depression as it moved inland. The storm appeared to have spared Mexican oil operations from major damage after sweepi


Oil falls as US pipeline seen restarting

Oil fell for a second day on Wednesday as Enbridge prepared to restart the biggest Canada-US crude pipeline, raising expectations of a short-lived shutdown that would limit the drainage of record-high inventories. US crude for October fell

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