BloombergOil Flirts With $59 as Russia, OPEC Said to Outline Deal on Cuts ...BloombergOil briefly surpassed $59 a barrel in New York for the first time in two years as OPEC and Russia were said to have crafted the outline of a deal to extend their oil&nbsp …

BloombergSaudi Retreat From US Oil Market Cuts Exports to 30-Year LowBloombergThe plant is owned the Saudi Arabia's state-run oil company, Aramco, and since it first bought a stake in 1988, the Motiva refinery guaranteed the kingdom a strategic foothol …

Financial TimesAs Mideast tensions soar, supertanker tells oil's real storyFinancial TimesBut as Saudi Arabia's crown prince Mohammed bin Salman rattles sabres in Riyadh, newly ensconced in power by his anti-corruption purge, there is growing evide …

Oil Refining Could Become Much Less LucrativeOilPrice.comPolicies to cap emissions would weaken oil demand, which tends to depress refining margins. CTI estimated in its report that refining margins would shrink by $3.50 per barrel by 2035, forcing refiner …

Center for Biological Diversity (press release)New Report: California Oil Among World's DirtiestCenter for Biological Diversity (press release)BONN, Germany— Three-quarters of California's oil is as climate-damaging as Canadian tar sands crude, acc …

BNNOil rises on supply cuts, political tensions in Saudi ArabiaBNNNEW YORK — Oil prices rose nearly one per cent on Thursday, supported by supply cuts by major exporters as well as continuing concern about political developments in Saudi Arabia. Brent crud …

CNBCIs Saudi Arabia Lying about Its Oil Inventories?OilPrice.comSaudi Arabia's reports about declining crude oil inventories were instrumental in the buildup of trust on the market that OPEC's—and the Kingdom's specifically—efforts to rebalance …

Seeking AlphaOil Futures Spiking Higher: Real Trend Or Another False Rally?Seeking AlphaThe December CME futures contract for WTI crude oil has rallied 11.7% from October 11, 2017 through November 6, 2017, and 25.3% since June 2017. The futures curve curre …

BloombergDiesel Becomes a Dirty Word for Oil TradersBloomberg“This will counter the recent support to crude,” Alan Gelder, vice-president of refining, chemicals and oil markets at Wood Mackenzie, said of signs the diesel market is weaker than expected. “Pa …

BloombergIraq Turmoil Threatens Billions in Oil Traders' Kurd DealsBloomberg"It looks a bit uncertain whether production is going to carry on in the very short-term," Ian Taylor, the chief executive of Vitol Group, the world's largest ind …