BloombergRussia-OPEC Agree on Framework to Extend Oil CutsBloombergA worker uses a hook to position a drill bit on a drill rig near Ufa. Photographer: Andrey Rudakov/Bloomberg. OPEC and Russia have crafted the outline of a deal to extend their oil producti …

BloombergRussia-OPEC Are Said to Agree on Framework to Extend Oil CutsBloombergOPEC and non-OPEC countries are discussing several formulas to accommodate the Russian demands, including linking the cuts to the supply-demand balance on the global oil market, …

World's Top Oil Buyer May Be Ready to Stock Up After DrawdownBloombergChina added 37 million barrels of oil to inventories in the first nine days of November, a rebound from September and October, when stockpiles fell by more than 120 million barrels, …

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 …

Are Oil Markets Immune To US Shale?OilPrice.comOil prices showed some weakness mid-week on news that U.S. oil production jumped, but benchmark prices firmed up on Thursday, putting WTI and Brent on track for their fifth consecutive weekly advance. Oil pric …

BloombergOil Above $80 Before Christmas? Some Options Traders Think SoBloombergOil prices have rallied in recent weeks as OPEC supply cuts help to rebalance an oil market plagued by oversupply. More recently, growing tensions between Saudi Arabia, OPEC&#39 …

BloombergSaudi Shocks Reawaken Global Oil Markets to Political RiskBloombergJust as production cuts by OPEC and its allies finally deplete a surplus that has weighed on oil prices since 2014, political crises have hit the organization's three biggest m …

BloombergSaudi Shocks Reawaken Global Oil Markets to Political Risk ...BloombergFor the first time in three years, the chief concern in the oil market isn't too much supply.Oil At Two-Year Highs As Saudi Arabia Engages In Its Own 'Game Of Thrones&# …

Tax Breaks for Oil, Wind, Electric Cars Survive in Senate BillBloombergTax breaks cherished by both the fossil fuel and renewable energy industries emerged unscathed in a tax plan unveiled in the U.S. Senate, according to details of the bill released Thurs …

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 …