World Bank Ups Its 2017 Oil Price Forecast To $55OilPrice.comThe World Bank has just upped its oil price forecast for 2017, saying it now expects average prices to be US$55 a barrel over the next year. That's US$2 more than its earlier forecast, which …

ReutersOil dips on Buzzard restart, Iraq; US crude tests below $50ReutersIraq's oil minister Jabar Ali al-Luaibi said the second-largest producer in the Organization of the Petroleum Exporting Countries (OPEC) wanted to be exempt from output curbs as i …

What Saudi Bonds Say About Where Oil Is HeadedOilPrice.comGet the same energy intel that international governments, major oil companies, hedge funds and investment bankers do from our 400 global on-the-ground assets... In it you'll receive profitable S …

NewsweekBreaking Free of Foreign Oil Will Require Higher Gas PricesNewsweekThe U.S. has been a net importer of oil for decades, which has long been a hot topic in politics and the media. What you may not know is that imports have been on the decline since …

ReutersOil up on Russia-OPEC hopes; US rig count jump limits gainsReutersRussian Energy Minister Alexander Novak said he would make proposals to his counterpart from OPEC leader Saudi Arabia this weekend on price-supportive measures that could include an o …

ReutersOil prices off session highs, US rig count up by 11ReutersNEW YORK Oil prices drifted around unchanged on Friday, retreating from early highs after data showed the first double-digit growth in U.S. oil rigs since crude prices hit $50 a barrel. A clo …

BNNOil on track for first weekly loss in five weeks on strong US dollarBNNLONDON - Oil prices fell on Friday as a strong dollar made it more expensive to hold the dollar-denominated commodity, setting contracts up for the first weekly loss in five weeks. G …

ReutersOil up second straight month on OPEC-fueled rallyReutersA Reuters survey on Friday found that OPEC output likely rose to 33.60 million barrels per day in September from a revised August record of 33.53 million bpd as Iraq boosted crude exports and L …

Channel NewsAsiaOil futures gain for the month, but slip lower for the quarterMarketWatchWTI oil futures have risen more than 7% over the past two sessions after OPEC caught the market off guard by reaching to a preliminary pact to slash the group's ou …

ReutersOil down 3 percent again; product builds offset US crude drawReutersU.S. inventories of distillates, which include diesel and heating oil, rose by 4.6 million barrels in the week to Sept. 9, the U.S. Energy Information Administration reported. Analy …