ReutersIEA sees global oil glut worsening, OPEC deal unlikelyReutersLONDON The world will store unwanted oil for most of 2016 as declines in U.S. output take time and OPEC is unlikely to cut a deal with other producers to reduce ballooning output, the Inte …

MarketWatchOil futures look set for a weekly loss of more than 5%MarketWatchOil prices caught a bid recently on the U.S. dollar downdraft, “but this is a dangerous game,” he said. “If the USD declines too much, then the Bank of Japan and the [European Cent …

Power Line (blog)Obama to Oil Companies (and Motorists): Drop DeadPower Line (blog)One of the great things about being a leftist is that you never have to be consistent. Fossil fuels are too cheap!, we are constantly told, and their overuse is wrecking the …

Reuters UKExclusive - Iran wants euro payment for new and outstanding oil sales - sourceReuters UKA source at state-owned National Iranian Oil Co (NIOC) told Reuters that Iran will charge in euros for its recently signed oil contracts with firms including …

ReutersOil set for second weekly gain on Russia-led supply cut talkReutersSEOUL Global benchmark Brent crude futures rose on Friday, moving nearly 8 percent higher so far this week, and set for a second weekly gain, spurred by hopes of a deal among oil-pro …

Financial TimesWall St struggles despite oil price jumpFinancial TimesUS stocks are struggling to maintain an opening rally and their European peers are sharply lower as traders absorb the latest update on Federal Reserve thinking amid further strength in …

New York TimesWall St. Opens Higher, Lifted by Rise in OilNew York TimesStocks were trading higher on Thursday as oil companies were surging along with the price of oil and strong earnings reports propelled Facebook and Under Armor. Concerns over the state …

Reuters UKIran says low oil prices will not last longReuters UK"The price of oil is at a low level ... I don't think it will last in the long term ... The pressure on oil-producing nations means balance will be restored in the short term," Ro …

ReutersIran says low oil prices will not last longReuters"The price of oil is at a low level ... I don't think it will last in the long term ... The pressure on oil-producing nations means balance will be restored in the short term," Rouhani, …

ReutersIraq says would consider deal on global oil cuts but it is still elusiveReuters"Iraq is a founding member of OPEC, so we will definitely take part, and the idea would be to reduce production actually to impact the oil price," Zebari said. …