Crude oil inventories in the United States fell by 3.6 million barrels during the week ending June 6, according to new data from the U.S. Energy Information Administration released on Wednesday. Crude ...
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DECATUR Ill. —ACH Food Cos., Inc., and Archer Daniels Midland Co. have created Stratas Foods, LLC, a joint venture that will make, market and distribute packaged oil products in the United States and ...
Long-term crude oil prices are held down by growing wage and wealth disparities, which reduce the purchasing power of the middle class and thus limit demand for oil-intensive goods and services.