Oil Rebounds Above $50 as US Stockpile Drops Oil rebounded on Wednesday following a report that the US stockpile dropped to its biggest one-week low this...
Global Oil Rig Counts Hit 956 in April There are strong indications that oil exploration and production have increased in different parts of the world as...
Saudi Arabia Says Oil Curbs Could Extend Beyond End of 2017 Saudi Arabia’s oil minister said he’s confident that an agreement by producers to curb crude...
Oil Rebounds on Saudi Assurances Russia will Extend Supply Cuts Oil prices closed 1.5 percent higher on Friday, rebounding from five-month lows, following positive U.S. jobs...
Oil Is a Buy for Citigroup as Goldman Says Market Getting Tight Oil’s slump to a five-month low is driven purely by technical trading and supply...
Oil Prices Plunge to 5-Month Low on Thursday Oil prices plummeted to its lowest in five months after data showed the U.S. rising oil production would...
Danger as Some Non-OPEC Members Still Over-produce Oil The Organisation of Petroleum Exporting Countries, OPEC has raised alarm that the volatile market remains under threat because...
Russian Oil Output Declines, Almost at Global Pact Target Russian oil production edged down to 11.00 million barrels per day (bpd) in April from 11.05 million...
Libya’s Oil Output Rebounds as Sharara, El Feel Fields Restarted Libya’s crude production rebounded to more than 700,000 barrels a day as the OPEC member’s biggest...
Oil Market Heading Towards Balance – OPEC OPEC Secretary-General Mohammad Barkindo said on Thursday that an overhang in global oil inventories was declining but stockpiles still...