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Oil Pauses Near 14-Month Low on Signs of Falling US Stockpiles

Oil steadied near the lowest close since June 2023 as an industry report pointed to a big draw in US crude stockpiles, with the market taking a breather following a sharp selloff this week.

By: financialpost.com

Sep 05 2024
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Oil Pauses Near 14-Month Low on Signs of Falling US Stockpiles

(Bloomberg) — Oil steadied near the lowest close since June 2023 as an industry report pointed to a big draw in US crude stockpiles, with the market taking a breather following a sharp selloff this week. Read More

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Canfor shutting two northern B.C. sawmills affecting 500 staff, blames U.S. tariffs