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Oil extends gains on expectations for shrinking U.S. supplies Andres Guerra Luz, Bloomberg FacebookTwitterEmail In this Thursday evening, April 2, 2020 photo, traffic passes over the Midland-Odessa county line in front of an oil rig storage yard. (Odessa American/Eli Hartman)Eli Hartman/Associated Press Oil advanced after settling at a fresh 10-month high, with an industry report showing U.S. crude inventories fell by more than expected. Futures rose further above $53 a barrel after the American Petroleum Institute was said to report that domestic crude stockpiles fell by 5.82 million barrel...

RRC commissioner vents at France, fake news and the woke [Opinion] Liam Denning, Bloomberg FacebookTwitterEmail GARDEN CITY, TX - FEBRUARY 05: Flared natural gas is burned off at Apache Corporations operations at the Deadwood natural gas plant in the Permian Basin on February 5, 2015 in Garden City, Texas.Spencer Platt, Staff / Getty Images Wayne Christian, one of three Texas Railroad Commissioners, seems to have just about had it with the French. And the Russians. And the Iranians. The “sensationalist, fake news media” and “environmental extremists” are off his Christmas list, too....

Oil has best week in 4 months Andres Guerra Luz, Bloomberg FacebookTwitterEmail Offshore drilling rigs Ocean Vanguard, operated by Diamond Offshore Drilling Inc., left, J. W. McLean, operated by Transocean Ltd., center, and Prospector 1, operated by Prospector Offshore Drilling SA, right, stand anchored in the Cromarty Firth in Cromarty, U.K., on Tuesday, Aug. 5, 2014.Simon Dawson/Bloomberg Oil posted the biggest weekly gain since late September as Saudi Arabia’s plan to slice output spurred a surge in physical crude buying. Futures in New York advanced $3.72 this week and Brent oil topped...