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Stormy forecast pushes oil up

OIL edged up towards $US80 a barrel last night as US stocks rallied and on fears a developing tropical storm could move into the Gulf of Mexico by the weekend, hitting major oil operations.

Stormy forecast pushes oil up

New York's Western Texas Intermediate shot up more than $US3 to $US79.3/bbl as Wall Street rallied on better than expected US economic data and strong corporate earnings. Oil was also supported by a...

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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.

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.

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