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SEATTLE (AP) — Seattle police used pepper spray Sunday evening to disperse black-clad anti-capitalist protesters authorities say threw rocks, flares, bricks and Molotov cocktails at officers during a rowdy May Day gathering.
The flurry of dealing kicked off when prices pierced $45 per barrel earlier in April. While it was not clear if oil prices will remain at current levels, it may also be a sign producers are preparing to add rigs and ramp up output. This week, Pioneer Natural Resources Co , a major producer in the Permian shale basin of West Texas, said it would add rigs with oil prices above $50 per barrel.