Light, sweet crude prices touched above $46/bbl on the New York market May 5 before settling at about $44.30/bbl upon lingering world oil oversupply concerns despite fires in Canada that threaten oil sands producers.
Source: News
Light, sweet crude prices touched above $46/bbl on the New York market May 5 before settling at about $44.30/bbl upon lingering world oil oversupply concerns despite fires in Canada that threaten oil sands producers.
Source: News
MARKET WATCH: NYMEX oil prices drop on higher US rig count
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MARKET WATCH: NYMEX oil prices drop on higher US rig count
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