Oil Futures on Track for Big Monthly Gains
Oil futures turned higher in early U.S. trading and were on track for hefty gains for July, which saw the U.S.-Iran Memorandum of Understanding fall apart and Iran resume attacks on shipping in the Strait of Hormuz.
U.A.E. Changes How It Prices Its Crude Oil Grades
The United Arab Emirates' state-oil company said that it will base its official selling prices on the prompt-month Platts Dubai benchmark starting from Nov. 1.
Westinghouse Electric Files Confidentially for IPO
