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Vol. 29, No.50 Week of December 15, 2024
Providing coverage of Alaska and northern Canada's oil and gas industry


China stimulates ANS

Bulls cheer China 'loose money' plans, surprise US inventory draw

Steve Sutherlin

Petroleum News

Alaska North Slope crude soared $1.51 Dec. 11 to close at $71.96 per barrel, while West Texas Intermediate zipped $1.70 to close at $70.29 and Brent leapt $1.33 to close at $73.52. China called for "appropriately loose" monetary policy in 2025, to spur its economy with the first easing of its stance....

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Dollar stronger for longer


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