Oil sees biggest weekly loss in eight months

15 November 2015, News Wires – Oil slumped again on Friday, extending the week’s loss to the largest in eight months, as swelling storage of crude on both land and sea pressured prices. Brent, the global benchmark for oil, settled down 1% and less than $2 from a new 6-1/2-year low. US crude fell 2%, barely […] More »