Crude in New York Pares Gains
Bloomberg reports that Crude futures pared gains in New York while Brent crude extended its decline in London.
Bloomberg reports that Crude futures pared gains in New York while Brent crude extended its decline in London.
All eyes are on oil majors, as they battle a refining slump. BP reports results Tuesday, followed by Conoco on Wednesday, Exxon and Shell on Thursday, and Chevron on Friday. Though the sector is up 20 per cent, refineries are struggling as demand remains limp. Is there a way out?
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