Column: Oil prices get a lift from short-covering  ReutersHedge fund managers have started to cover some of the bearish short positions in oil they established since late April, amid hopes for interest rate cuts and a ... Read more https://www.re …

Russian oil output up in June, still outperforming cuts deal  Reuters UKRussian daily oil output rose in June to 11.15 million barrels per day (bpd), up from 11.11 million bpd in May, still below the amount agreed in a global deal to cut ... Read …

Saudi Arabia may cut August crude oil prices to Asia - sources  ReutersTop oil exporter Saudi Arabia is expected to cut prices of most crude grades it sells to Asia in August after Middle East benchmarks weakened last month, trade ... Read more h …

Saudi Arabia may cut August crude oil prices to Asia - sources  Reuters UKTop oil exporter Saudi Arabia is expected to cut prices of most crude grades it sells to Asia in August after Middle East benchmarks weakened last month, trade ... Read mor …

Oil prices ease as demand worries counter supply cuts  ReutersOil prices drifted lower on Tuesday, as weak global data raised concerns about future demand for the commodity despite a positive boost from OPEC's decision ... Read more https://uk.re …

Crude Oil Price Update – Straddling Retracement Zone at $58.51 to $60.33  Yahoo FinanceBased on the early price action, the direction of the August WTI crude oil futures contract the rest of the session is likely to be determined by trader reacti …

Russian oil output rises to 11.15 million bpd in June, still adheres to global deal  Reuters UKRussian oil production rose to 11.15 million barrels per day (bpd) in June from 11.11 million bpd in May, two industry sources told Reuters on Monday, …

Shell, Exxon eye return to Somalia ahead of oil block round  Reuters AfricaRoyal Dutch Shell and Exxon Mobil are looking to return to Somalia ahead of an oil block bid round later this year, the East African country's oil ministry said. Read more …

Mexico nearly ready with formula for billion-dollar oil hedge: official  ReutersMexico has nearly finished reworking the formula it uses to hedge its oil production, a finance ministry official said on Friday, including changes to how it factors …

South Sudan suspends all pre-sales oil contracts  Reuters UKSouth Sudan has suspended all pre-sales oil contracts to boost competition in its petroleum sector and drive up prices, the information minister said on Friday. Read more https://uk.reut …