The Killeen Daily HeraldUruguay bailing out troubled state oil companyYahoo NewsMONTEVIDEO, Uruguay (AP) — Uruguay's congress has approved an $872 million aid package for the country's debt-ridden state oil company. Sunday's lower house vote fo …

USA TODAYCheap gas, oil craters: 2015 rocked energy sectorUSA TODAYU.S. oil production hit 9.6 million barrels a day in April, its highest level since 1970, according to the U.S. Energy Information Administration. But output has recently fallen to 9.2 mill …

Calgary HeraldIran Says Its Planned Boost in Oil Exports Won't Harm MarketBloombergThe amount of additional Iranian crude reaching foreign buyers will depend on conditions in an oil market oversupplied by 2.5 million to 3 million barrels a day, the Ira …

Wall Street JournalTehran Presents New Model for Oil-Development ContractsWall Street JournalTEHRAN—Iran on Saturday unveiled an enhanced model for its long-term contracts for oil development, aimed at attracting foreign investment once sanctions are lifte …

BloombergIran Sees No OPEC Output Change as Country Seeks $70-$80 OilBloombergIran's oil minister sees no imminent change in OPEC's output strategy even as he urged fellow members of the group to cut their collective production to buoy crude to a r …

BloombergIran Urges OPEC to Cut Oil Output to Raise Prices to $70-$80BloombergOPEC member states should cut crude output to boost prices to a range of $70 to $80 a barrel, Iran's Oil Minister Bijan Namdar Zanganeh said, even as his country prepares to …

DIGITALLOOKOil at $20 Possible for Goldman as Forecasts Cut on GlutBloombergThe global surplus of oil is even bigger than Goldman Sachs Group Inc. thought and that could drive prices as low as $20 a barrel. While it's not the base-case scenario, a fail …

BloombergIran Says Mexico to Help If OPEC Tries to Manage Oil MarketBloombergMexico is willing to work with OPEC if the group tries to stabilize crude markets amid a global supply glut and slide in prices, Iran's Oil Minister Bijan Namdar Zanganeh said …

UPI.comOil Rebounds as Positive U.S. Economic Data Boosts OutlookBloombergCrude rebounded after positive U.S. economic data bolstered the outlook for rising demand and U.S. equity-index futures rose. Oil in New York rose as much as 2 percent, erasing an ea …

ReutersIran Plans 'Any Cost' Oil Output Rise to Defend Market ShareBloombergIran plans to raise oil production “at any cost” to defend the country's market share and backs calls for an emergency OPEC meeting to help shore up crude prices. “We w …