ReutersOil up two percent to June highs after another US crude drawReutersOil has rallied 13 percent over the past six sessions after the Organization of the Petroleum Exporting Countries announced plans to limit output, its first in eight years, when it g …

ReutersOil up two percent, hits June highs on possible US stockpile dropReuters"A bullish trading stance over the short term is advised as the upward momentum triggered by last week's OPEC meeting is being sustained by another unexpectedly large c …

ReutersOil hits highest since June on possible US inventory dropReutersLONDON Oil prices rose towards $52 a barrel on Wednesday, hitting their highest level since June, supported by an industry report that U.S. inventories probably fell for a fifth straigh …

ReutersOil prices rise on report of US crude stock drawReutersU.S. West Texas Intermediate (WTI) crude oil futures were trading at $49.18 per barrel at 0014 GMT, up 49 cents, or 1 percent, from their last settlement. Traders said the higher prices were lar …

ReutersOPEC sights set for now on $50-60 per barrel oil: PIRA's RossReutersBenchmark U.S. oil prices CLc1 have risen around $4, or around nine percent, to over $48 per barrel since the Organization of the Petroleum Exporting Countries (OPEC) agreed las …

ReutersSaudis soften oil stance on Iran but OPEC deal still elusiveReutersThe Saudi and Iranian economies depend heavily on oil but in a post-sanctions environment, Iran is suffering less pressure from the halving in crude prices since 2014 and its economy …

ReutersOPEC set for no deal as Iran rejects Saudi oil output offerReutersALGIERS Iran rejected on Tuesday an offer from Saudi Arabia to limit its oil output in exchange for Riyadh cutting supply, dashing market hopes the two major OPEC producers would find …

ReutersOPEC set for no deal on oil output as Saudis, Iran at loggerheadsReutersALGIERS Saudi Arabia and Iran on Tuesday dashed hopes that OPEC oil producers could clinch an output-limiting deal in Algeria this week as the group and non-member Russia were s …

ReutersSaudis, Iran dash hopes for OPEC oil deal in AlgeriaReutersALGIERS Saudi Arabia and Iran on Tuesday dashed hopes that OPEC oil producers could clinch an output-limiting deal in Algeria this week as sources within the exporter group said the differen …

CBC.caAlberta and oil prices: How Middle East geopolitics and religion affect our futureCBC.caSaudi Arabia is the world's leading exporter of crude oil. While Saudi has used oil revenues to build its financial strength, Iran has been excluded from the …