Post Tagged with: "US efforts"

Source; World Oil

High rates of fuel exports hinder U.S. efforts to build supplies at home

World Oil

(Bloomberg) — Robust demand from Latin America is set to lift U.S. Gulf Coast fuel exports to new heights this month, hampering efforts to build up national inventories amid soaring prices.

Waterborne gasoline and diesel loadings out of …

Source: CNBC

Oil prices are headed for $100 despite U.S. efforts to release reserves, analyst says


Oil prices could climb higher despite the U.S. and other major consumers releasing millions of barrels of oil from their reserves to try to keep energy prices down, one analyst told CNBC.

“It’s not going to work simply because