Rig Count Shoots Up As Oil Nears $70OilPrice.comThe number of active oil and gas rigs rose this week, according to Baker Hughes data, increasing by 15 total rigs, bringing the total rigs to 939, which is an addition of 280 rigs year over year. The number o …

BloombergLegendary Oil Tycoon T. Boone Pickens Shuts Main FundBloombergLegendary oil tycoon T. Boone Pickens is closing his hedge fund, saying trading in oil has lost its luster. Instead, the onetime Texas oil wildcatter wrote in a LinkedIn post that he wa …

Mongabay.comIndonesian parliament pushes for passage of palm oil legislation this yearMongabay.comJAKARTA — Lawmakers in Indonesia are adamant about passing new legislation on the palm oil industry this year, amid concerns from activists and even the execu …

BloombergOil Jumps After US Crude Stockpiles Shrink Most Since AugustBloombergOPEC faces a challenge from an oil market "tightening very quickly," says analyst Amrita Sen of Energy Aspects. Oil topped $62 a barrel for the first time since May 201 …

BloombergOil Dips as Industry Data Shows Surprise US Gasoline BuildBloomberg“If you extend the production-cut agreement through the end of 2018, that surplus will basically erode away, which will be a good thing for oil prices in the long-term,” Rob Thumme …

BloombergOil Dips as Industry Data Shows Surprise U.S. Gasoline Build ...BloombergOil halted declines below $58 a barrel before U.S. government data forecast to show crude stockpiles decreased for a third week.Goldman raises 2018 oil price forecast after O …

BloombergOil Pulled Lower as `Done Deal' Proves Elusive on Supply CutsBloombergOil has declined this week amid lingering uncertainty about the likelihood of an extension of cuts beyond their March expiration at Thursday's meeting. Iraq's Oil Mi …

BloombergOil Hovers Near $58 as Surge in Fuel Stocks Tempers Crude DrawBloombergEven as crude stockpiles dropped more than most analysts in a Bloomberg survey expected, supplies of the primary fuels produced by oil refiners registered surprisingly large in …

BloombergOil Holds Near $58 as US Supply Drop Adds to OPEC OptimismBloomberg“For better or for worse, Keystone being down is bullish for U.S. prices,” Matt Sallee, who helps manage $16 billion in oil-related assets at Tortoise Capital Advisors LLC, said by …

BloombergOil Holds Near $58 as U.S. Supply Drop Adds to OPEC Optimism ...BloombergOil stuck near a two-year high as a drop in U.S. crude stockpiles added optimism to a rally underpinned by hopes for an OPEC deal extension.Oil jumps, US light crude at two-a …