Oil hits Dec 2014 high on dollar weakness, decline in U.S. crude inventories

© Reuters. Crude oil storage tanks are seen from above at the Cushing oil hub in Cushing By Henning Gloystein SINGAPORE (Reuters) – Brent oil prices hit $ 71 per barrel on Thursday for the first time since 2014 as the dollar continued to weaken and crude inventories in the United States fell for a […]

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U.S. proposes fining United $435,000 over 2014 flights

© Reuters. U.S. proposes fining United $ 435,000 over 2014 flights WASHINGTON (Reuters) – The U.S. Federal Aviation Administration on Tuesday proposed fining United Airlines (N:) $ 435,000 for operating 23 flights in 2014 with a Boeing 787 that the government alleged was not in airworthy condition. The FAA alleged that in June 2014, United […]

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