Marcellus Minutes is a subscription-based newsletter sent to all subscribers registered through the Marcellus Minutes website that contains information on legislation including bill tracking, committee hearings and news from the Capitol in Harrisburg. Access to the website is free and provided to those directly involved and those with an interest in Pennsylvania’s oil and gas industry.

Oil hit by stockpile fears; dollar offsets some loss

Oil prices came under renewed pressure in Tuesday’s post-settlement trade, after a 3-day losing streak, as an industry group reported a huge build in U.S. crude inventories ahead of official data.

Benchmark Brent oil had earlier ended up for the session, supported by a weaker dollar and short-covering, while U.S. crude closed down on bets that inventories hit record highs for a 10th straight week.

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