Post Tagged with: "oil prices jump"

Source: Reuters

U.S. shale industry tempers output even as oil price jumps

Reuters


Even with oil prices surging toward $75 a barrel, U.S. shale producers are keeping their pledges to hold the line on spending and keep output flat, a departure from previous boom cycles.

This year’s run up in crude prices, …

Source: Reuters

Oil prices head for 10% weekly jump on North America, Norway outages

Reuters


LONDON – Oil prices fell on Friday, erasing an earlier rise but still leaving both benchmarks on track for their biggest weekly gains since early June on the back of supply cuts caused by a storm in the Gulf …