Venezuelan crude exports to the U.S. fell last month to their lowest levels since January 2003, according to new Reuters data. Sanctions and low production caused the decline in November. The last time levels were this low, an industry strike had shut down a large portion of the Latin American...
Crude oil is hotter this year than the Dow, the Nasdaq and even bitcoin. It has surged 7% so far in 2018 and hit a three-year high of $64.81 a barrel on Monday, reflecting confidence that an epic supply glut may finally be over because of production cuts by OPEC...