Browsing: oil

SINGAPORE – Oil prices fell on Thursday after a larger-than-expected build in U.S. crude stockpiles stoked worries about slow demand, while signs that U.S. interest rates could remain elevated added to pressure.

Iraq on Friday reopened its North Refinery in Baiji that was shut for a decade during the violence and chaos that followed the US-led invasion in 2003 which made it nearly impossible to run one of the country’s most vital energy complexes.