ReutersWorld's Largest Oil Refinery Increases Profit Despite Tough MarketOilPrice.comThe oil price crisis has forced several oil and gas explorers and refiners to close up shop over the past two years. The Organization of Petroleum Exporting Countries& …

BloombergIMF Slashes Saudi Growth Outlook On Oil Output CutsOilPrice.comFor 2017, Saudi Arabia expects oil revenues to grow by 46 percent compared to last year's projections, and non-oil revenues also to increase by some 6.5 percent. Still, non-oil rev …

ReutersOil up on Saudi commitment to cut; US output seen risingReutersGoldman Sachs said it expects year-on-year U.S. oil production to rise by 235,000 bpd in 2017, taking into account wells that have been drilled and are likely to start producing in the f …

ReutersOil down on output cut doubts, expected US production riseReutersBut global oil production remains high and, with inventories near record levels in many areas, investors doubt that OPEC and its allies can trim output enough to push up prices. Benchm …

ReutersOil prices under pressure on doubts over output cutsReutersBenchmark Brent crude oil LCOc1 was up 8 cents a barrel at $55.53 after being down for most of the day by 1416 GMT (9:16 a.m. ET) and U.S. light crude CLc1 was flat at $52.37 a barrel. The O …

ReutersOil prices slip on doubts over output cutsReutersBut global oil production remains high and, with inventories near record levels in many areas, investors doubt that OPEC and its allies can trim output enough to push up prices. "Cuts by OPEC and …

ReutersOil rises on supply cuts, record China demand forecastReutersOil prices have stayed in a range in the last month-and-a-half, with buyers encouraged by news of output cuts by major world producers but wary of past tendencies by these nations to produ …

BloombergOil Holds Biggest Gain in 6 Weeks Amid Record U.S. Refinery RunsBloombergOil has been unable to sustain its rally above $55, driven by the deal between the Organization of Petroleum Exporting Countries and 11 other nations to pump less crude, amid …

ReutersOil rises by most in over a month on weak dollar after Trump conferenceReuters"The main reason for the oil price rise was that the dollar was down," said Phil Davis, managing partner at PSW Investments in Woodland Park, New Jersey. Brent f …

ReutersOil rises with Wall Street, and as Saudi trims exports to AsiaReutersNEW YORK Oil prices rose for the first time in three days on Wednesday, boosted by an early Wall Street rally ahead of a news conference by U.S. President-elect Donald Trump, and a …