Oil producers eye long road to recovery as Texas begins to thaw

The shut in oil production represents 2 to 4 per cent of global supply, so a slow recovery would tighten worldwide crude markets and may bolster prices that already hit a one-year peak earlier this week.

Oil producers eye long road to recovery as Texas begins to thaw
The shut in oil production represents 2 to 4 per cent of global supply, so a slow recovery would tighten worldwide crude markets and may bolster prices that already hit a one-year peak earlier this week.