Oil dips on stronger dollar, rise in U.S. crude inventories

Crude oil futures plunged nearly 3 per cent in the domestic market on Wednesday as investors and speculators exited positions in the energy commodity tracking weakness

Paths, Oil

Paths, Oil

Paths, Oil

Traders rush to ship US oil as export window to Asia opens: Oil majors and trading houses are set to ship an unprecedented volume of US…

An oil pumpjack seen at dawn in the Permian Basin oil field in Andrews, Texas

Oil futures fell further, with U. crude touching its lowest since as a global supply glut bumped up against bearish financial news.

Oil Industry, Crude Oil, Lebanon, Saudi Arabia

Trans Ocean Winner, oil rig carrying 280 tonnes of diesel, runs aground on Isle of Lewis in Scotland.

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