Oil prices extended their decline Wednesday as traders shrugged off the latest threat to Iraqi oil flows from a possible Turkish military incursion and focused on the impending release of weekly U.S. fuel data expected to show crude inventories rose Read More…

SINGAPORE – Oil prices dropped further Wednesday ahead of the release of weekly U.S. fuel data expected to show crude stocks rose last week. Light, sweet crude for December delivery fell 15 cents to $85.12 (U.S.) a barrel in Asian electronic trading on Read More…