Channel NewsAsia
| 9 months ago
Oil prices dropped on Friday amid renewed talk about the release of strategic reserves and as traders kept an eye on a tropical storm that could disrupt offshore operations in the Gulf of Mexico. New York's main contract, light sweet crude for...
Seattle Times
| 9 months ago
Putting more oil supply on the market would drive down prices. The news reversed gains from earlier in the day driven by worries about Tropical Storm Isaac's impact on Gulf of Mexico petroleum operations.