ReutersOil near June 2015 high as production cuts tighten marketReuters“During the first quarter of next year there will be more balance between supply and demand, which will reflect positively on improving global oil prices,” he said. The production cuts …

Iraq has not reached agreement with Exxon on southern oilfields -oil ministerReutersBAGHDAD, Dec 25 (Reuters) - Iraq has not yet reached an agreement with Exxon Mobil on a multibillion-dollar project to boost output from several southern oilfields, Oil Min …

ReutersOil inches higher ahead of Christmas holiday weekendReutersOil prices have recovered in the past year on the back of oil production cuts by OPEC, Russia and other producers, helping reduce the global inventory overhang. Russian Energy Minister Alexa …

Oil Prices Stable On Flat Oil Rig CountOilPrice.comThe number of active oil and gas rigs rose this week, according to Baker Hughes data, increasing by 1 rig, for a total of 931 rigs currently in operation in the United States—278 rigs above this time last …

ReutersOil eases from highs but OPEC cuts still support market - ReutersReutersOil prices dipped on Friday in light volumes but stayed near their highest levels since 2015 on pledges from OPEC leader Saudi Arabia and non-OPEC Russia that any exit from crud …

ReutersOil dips from highs but OPEC cuts still support market - ReutersReutersOil prices dipped on Friday but stayed near their highest levels since 2015 on pledges from OPEC leader Saudi Arabia and non-OPEC Russia that any exit from crude output cuts woul …

ReutersOil dips from highs but OPEC cuts still support marketReuters“There is a consensus among the (oil) ministers that we should avoid oversupply on the market when exiting the deal,” Novak said, comments that will calm investor worries that Moscow wants …

ReutersOil eases from highs but OPEC cuts still support marketReutersOil prices have recovered in the past year on the back of oil production cuts by OPEC, Russia and other producers, helping reduce the global inventory overhang. Russian Energy Minister Al …

ReutersOil drops from two-and-a-half year highs as rising US output drags on marketReutersLonger term, analysts said crude production in the United States that is fast approaching 10 million bpd would also drag on oil prices, and undermine efforts led by t …

ReutersOil dips away from 2015 highs as rising US output weighs on outlookReutersWeighing on the oil price outlook more fundamentally is the expected return of the 450,000 barrels per day (bpd) Forties pipeline system in the North Sea in January. The pipel …