ReutersOil steady, but down for the week as glut worries face OPEC cutsReutersNEW YORK Oil prices ended steady on Friday but lower on the week, with U.S. crude notching its first weekly decline in five weeks, as the market weighed rising U.S. drilling and …

ReutersOil prices slip as high stocks overshadow OPEC cutsReutersLONDON Oil slipped on Friday, pressured by growing global stocks, while expectations that an oil output cut by producers might eventually balance the market helped to underpin prices. Brent c …

ReutersOil firms as OPEC floats extended output cut; markets still bloatedReuters"Despite the headlines, the massive inventory glut in both oil and gasoline continues to thwart any upward momentum," said Stephen Innes, senior trader at OANDA in S …

ReutersOil overhang points to need for extended OPEC output cutsReutersLONDON An OPEC-led production cut may well be accelerating a drawdown in global oil stocks that began last year, but implementing the reduction for just six months means the producer gr …

Wall Street Pouring Money Back Into Oil And GasOilPrice.comDespite the near record increase in U.S. oil inventories last week – an increase of 13.8 million barrels – oil prices traded up on February 8 and 9 as traders pinned their hopes on a surprise drawd …

ReutersVenezuela falls behind on oil-for-loan deals with China, RussiaReutersDuring the decade-long oil boom that ended in 2014, Venezuela borrowed nearly $50 billion from China that it agreed to pay back in crude and fuel deliveries to state-run Chinese f …

ReutersVenezuela falls behind on oil-for-loan deals with China, Russia ...ReutersVenezuela's state-run oil company, PDVSA, has fallen months behind on shipments of crude and fuel under oil-for-loan deals with China and Russia, according ...and mor …

ReutersBanks lift Europe stocks, bond market pressure easesReutersRising oil prices and banking stocks pushed shares higher in Europe on a busy day of corporate earnings, while Asian stocks hit their highest in more than 18 months. "The stabilization …

ReutersOil fuels stocks rally, bond market pressure easesReutersRising oil prices pushed energy company shares higher in Europe on a busy day of corporate earnings while Asian stocks hit their highest in more than 18 months. "The stabilization of the …

BloombergIraqi Kurdistan Pays Oil-Company Dues as Rally Boosts FundsBloombergThe government of Iraqi Kurdistan paid international oil companies for the first time in seven weeks, as rising crude prices gave a much-needed boost to the region's coffers. …