Canadian heavy oil plugs gap left by OPEC, Latam Canadian heavy oil plugs gap left by OPEC, Latam: Canada’s struggling oil market has found something of a lifeline as traders scramble for heavy crude due to OPEC production cuts and sinking Latin American output. Output has fallen in Organization of […]
Current Business Updates USA
Oil hits two-month high on tighter U.S. market, Venezuela sanctions risk Oil prices hit a two-month high on Monday, lifted by a tightening U.S. crude market and the threat of sanctions against OPEC-member Venezuela. Brent crude futures were at $52.82 per barrel at 0443 GMT on Monday, up 30 cents […]
