PREMIUM FEATURES

Oil falls on demand woes

OIL fell to a year low last night dropping around 2% to under $US76 a barrel after the US Energy Information Administration reported a large drop in refinery activity, indicating weak energy demand.

Marija Stojkovic

New York's Western Texas Intermediate shed $US1.54 to settle at $US75.86/bbl while Singapore's Tapis dropped under the $US80/bbl mark to close at $US79.06. The price drop came as the US EIA reported...

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A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.