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Oil prices creep up as the global economy grows

Jan 25, 2018
With the world’s major economies chugging along, people are using more oil. That means more demand for crude, just as some places that supply it are cutting back. Some production cuts are intentional — like Saudi Arabia’s — but other hiccups in supply are due to political chaos, like Venezuela. If U.S. fracking steps up […]

Finally, a ship loaded with U.S. crude leaves port

Jan 4, 2016
Oil producers like having an overseas market, but the economics are against a large volume of exports.
An oil well in North Dakota.
(Karen Bleier/AFP/Getty Images)