Post Tagged with: "continues"

Source: Reuters

Russia continues to face hurdles getting oil to market

World Oil


(Bloomberg) — Another week, another sign that Russia is struggling to get its oil to market.

 

The nation’s shipments to buyers have declined for five consecutive weeks, taking them down by 480,000 barrels a day, or 13%, …

Source: Reuters

Oil price climb continues, logging eighth weekly gain

World Oil


(Bloomberg) –Oil rose higher on Monday following an eighth weekly gain, spurred on by the energy crunch as winter approaches.

Futures in New York were above $83 a barrel after adding 3.7% last week, capping the longest run …