Bloomberg: Oil Falls for 2nd Day on Speculation U.S. Supplies Are Adequate
“Bloomberg cited Poten & Partners research in this article on Oil prices. “The number of so-called very large crude carriers, or VLCCs, hired by oil companies in the first seven months of the year fell 8.4 percent from the same period in 2004, New York-based Poten & Partners said in an Aug. 12 note to clients.” says the article.”