Oil near low for year despite turmoilDemand down globally against ‘plentiful supply’; analyst says low price will create demand, also force some oil off the market Jonathan Fahey Associated Press Energy Writer
The oil market has lost its jitters. Some regions around the world are seeing the type of unrest that in the past sent oil prices soaring. Yet oil is down about $15 since mid-summer and near its low for the year.
Even with escalating violence in Iraq, OPEC’s second largest exporter, and multiple ro....
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Seasonal lull US production up
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