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Vol. 29, No.45 Week of November 10, 2024
Providing coverage of Alaska and northern Canada's oil and gas industry


Oil ricochets back

Oil plummets on dollar rise and inventories, GOM hurricane rescues prices

Steve Sutherlin

Petroleum News

Crude futures plummeted in early European trading Nov. 6 as the U.S. dollar firmed up in the wake of the Nov. 5 presidential election, but oil prices came roaring back after U.S. markets opened, to deliver a small loss. Alaska North Slope crude pared away 36 cents to close at $74.35, as West Texas I....

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