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Sherry Su

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OIL DROPPED IN NEW YORK for the second consecutive day after the International Energy Agency cut its forecast for global demand. / BLOOMBERG FILE PHOTO

Oil drops on signs of rising U.S. supply, reduced demand outlook

Economic Activity
LONDON - Oil declined for a second day in New York amid speculation that U.S. crude inventories rose last week and after the International...

Oil heads for quarterly gain as Libya strife counters U.S. glut

Capital Goods
LONDON - Oil rose, heading for a third quarterly gain in New York, as concern the Libyan conflict will prolong production cuts countered signs...
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