May 26
Oil rose a second consecutive week as investors monitored progress made Friday on debt-ceiling talks to avoid a U.S. default.
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May 26
Oil rose a second consecutive week as investors monitored progress made Friday on debt-ceiling talks to avoid a U.S. default.
May 25
Oil fell as tensions over the U.S. debt-ceiling impasse rose and Russia played down the chances that OPEC+ will cut production further.
May 24
Oil jumped to an intraday high after government data showed U.S. stockpiles fell by more than 12 million barrels, the biggest draw since November.
May 22
The number of fires burning in Canada's top energy-producing province of Alberta declined in recent days, allowing some energy companies to restore oil and gas production that had been shut earlier in the month.
May 23
Oil rose to near US$73 as traders evaluated a warning from Saudi Energy Minister Prince Abdulaziz bin Salman to short-sellers, offsetting a lack of tangible progress in US debt-limit talks.
May 22
To help consumers get over the yuck factor of consuming treated wastewater, advocates are turning to craft beer as a strategy.
May 19
Experts say shifting factors including wildfires in Alberta, a slowing economy and potential pressures on supply will all have an effect on gas prices as the long weekend heralds the start of the summer.
May 18
Oil headed for its first weekly advance in more than a month on optimism that the U.S. will reach an agreement to raise its debt ceiling and avert a catastrophic default.
May 18
Oil edged lower as the potential for additional rate hikes from the Federal Reserve underpinned concerns about a recession that would weaken demand.
May 17
Oil advanced as traders embraced risky assets amid optimism on U.S. debt ceiling talks while awaiting the latest data on U.S. stockpiles.