ReutersOil prices edge higher on Forties outage, falling stocksReuters“This is a rarity for crude streams in the North Sea and underscores the seriousness of the disruption,” analysts at PVM Oil Associates said. PVM added that the outage “should continue t …

ReutersOil Bulls, Don't PanicSeeking AlphaLast week, WTI (OIL) prices were under pressure (-1.65%), falling as much as 2.58%, following lower than expected decrease in crude oil stocks of -5.6 M barrels. On Dec 13, the EIA published a second straight w …

ReutersOil prices edge up on North Sea pipeline outage, falling stocksReutersAnalysts from Barclays said they believed product inventory levels in industrialized nations were 2 percent below the 5-year average at the start of December compared with 10 perc …

ReutersOil prices rise on North Sea pipeline outage, but growing US output loomsReutersUndermining OPEC's efforts to tighten the market is U.S. oil production, which has soared by 16 percent since mid-2016 to 9.78 million barrels per day (bpd), close t …

ReutersOil stable on tighter market, but rising US output looms for 2018ReutersThe ongoing outage of the Forties pipeline, which carries North Sea oil to Britain, was also buoying crude prices, traders said, as inventories around the world were gradually b …

BloombergIs The Oil Glut Set To Return?OilPrice.comFor the second month in a row, the IEA has poured cold water onto the oil market, publishing an analysis that suggests 2018 could hold some bearish surprises for crude. The IEA's December Oil Market Re …

ReutersOil rises on lower US crude stocks, but growing output caps gainsReutersU.S. crude oil stockpiles fell by 5.1 million barrels in the week to Dec. 8, the fourth consecutive week of declines, to 442.99 million barrels the lowest since October 2015. De …

Seeking AlphaWhere The 2018 Oil Price Forecasts Could Be DerailedSeeking AlphaThe consensus forecast for 2018 oil prices is for WTI under $55/barrel, with organizations such as the IEA forecasting supply/demand in balance within the context of currently hi …

RPT-Unfazed by OPEC, Libya and Nigeria seek to boost oil outputReutersOn Saturday, the head of Libya's U.N.-backed government met the head of Libya's National Oil Corp (NOC) and the governor of Tripoli's central bank to discuss how the corporat …

ReutersOil prices recover on big US crude stock drawdown, pipeline shutdown supportsReutersBritain's biggest pipeline from its North Sea oil and gas fields is likely to be shut for several weeks for repairs, its operator said on Tuesday. The pipeline, …