MarketWatchOil prices struggle to move higher, haunted by higher US supplyMarketWatchAs oil business is conducted in dollars, a weaker U.S. currency means cheaper oil for foreign traders. The market is slightly bearish, however, after the Energy Informatio …

ReutersOil prices rise on weaker dollar, optimism on output cutsReutersSINGAPORE Oil prices nudged higher in tepid Asian trading on Thursday, supported by a weaker dollar and optimism crude producers would abide by an agreement to curb output to prop up ma …

Nigerian lawsuit revives billion-dollar oil scandalFox NewsLAGOS, Nigeria – Nigeria's anti-corruption agency is reviving a five-year-old scandal involving one of Africa's richest oil blocs, in which a former petroleum minister and his allies allege …

ReutersOil prices lifted by expected fall in US inventoriesReutersBrent crude oil futures LCOc1 were up 21 cents on the day at $55.56 a barrel by 1010 GMT, while U.S. crude futures CLc1 were up 25 cents at $53.55 a barrel. Brent's rally is its largest …

ReutersRussia says trust needed for global oil output deal to be successReutersEarlier this month, OPEC and non-OPEC oil producers led by Russia signed a deal to cut oil output by almost 1.8 million barrels per day in order to prop up weak prices. OPEC cou …

ReutersOil prices rise on expected US crude inventory drawReutersSINGAPORE Oil prices rose on Wednesday on expectations of a U.S. crude inventory draw, although trading activity was muted as markets start to wind down ahead of the Christmas weekend. U.S. W …

MarketWatchOil prices extend gains after US data shows falling suppliesMarketWatchCrude prices made further strides Wednesday on bullish data that showed a bigger-than-expected drop in U.S. crude stockpiles, reinforcing views that the global oil market is …

ReutersLibya pipeline restart cuts into oil rallyReutersTraders expect U.S. inventories to decline in coming weeks, but oil may trade in a range until early indications in January of whether producers are holding to their pledges. "We think the next c …

MarketWatchOil prices log 3rd gain in a row with supply data ahead; natural gas slumpsMarketWatchWest Texas Intermediate crude oil for February delivery CLG7, +0.34% the most-active contract, rose 24 cents, or 0.5%, higher to settle at $53.30 a barrel. The …

ReutersOil rises as forecasters see big draw in US stocksReutersAnalysts polled by Reuters expected U.S. crude oil inventories to show a draw of 2.4 million barrels in the week to Dec. 16. The American Petroleum Institute, an industry group, will release i …