Oil climbs above $ 53 as cold weather adds to market tension – Houston Chronicle


Oil has skyrocketed, with demand increasing due to colder weather, the latest addition to a rally that has pushed crude to a 10-month high. Demand could increase by at least 1 million barrels a day, Goldman Sachs Group Inc. said, as freezing temperatures in Asia and Europe blow up other energy markets. In Japan, power […]

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