ReutersOil edges up as lower US production, inventories point to tighter marketReuters“The rebalancing of the oil market has made significant progress over this time, although there is still some way to go to get back to the five-year average,” said Willia …

The GuardianChevron abandons plan to drill for oil in Great Australian BightThe GuardianChevron has become the second big oil company to abandon plans to drill for oil in the Great Australian Bight, almost exactly a year after BP ditched its more advanced …

BloombergIEA: Oil Prices To Hit A Ceiling In 2018OilPrice.comThe global oil market continues to make progress, but the ongoing production gains from non-OPEC countries will probably act as a “the ceiling for aspirations of higher oil prices” in 2018, accor …

Nigeria's Oranto Petroleum signs Uganda oil exploration dealReutersCAPE TOWN (Reuters) - Nigeria's Oranto Petroleum has signed two production sharing agreements with Uganda to explore for oil and gas around Lake Albert, the company said on Tuesday. …

COLUMN-Asian oil refiners lose profit-bump from Harvey, but may get China boost: RussellReutersA further bearish signal for Asian refiners is the possibility of higher crude oil prices as the Organization of the Petroleum Exporting Countries (OPEC) and its …

The “Amazon Effect” Is Coming To Oil MarketsOilPrice.comNow, things are beginning to change, and some observers, such as Cottonwood Venture Partners' Mark P. Mills, believe we are on the verge of an oil industry transformation of proportions identical …

Argentina plans auction for offshore oil exploration next yearReutersEarlier this year Argentina hired Norway's Spectrum to do a seismic survey in cooperation with state-run oil firm YPF SA. A spokesman for the energy ministry said Australia's Sear …

ReutersOil steady after surprising increase in US crude exportsReutersNEW YORK (Reuters) - Oil prices were little changed on Wednesday, though U.S. futures caught a bit of a bid against the Brent benchmark after a surprising jump in U.S. exports to a recor …

ReutersMexico seeks partners for three new Pemex oil tie-upsReutersMEXICO CITY (Reuters) - Mexico will offer the rights to partner with state oil company Pemex on three major projects on Wednesday, one in the shallow waters of the Gulf of Mexico and two mo …

ReutersOil prices dip over doubts that recent rally will lastReutersSINGAPORE (Reuters) - Oil prices eased on Wednesday, pulled down by caution that a rally that lasted for most of the third quarter would not extend through the last three months of the yea …