ConocoPhillips raises dividend, ups buyback amid oil reboundFinancial TimesThe average price Conoco received from its production was $46.10 a barrel of oil equivalent, up from $32.93 a barrel in the final quarter of 2016. Production outside Libya was 1.22m …

BloombergCnooc Aims for Highest Spending in Four Years as Oil RecoversBloombergCnooc Ltd. plans to raise capital spending to the highest since 2014 and revised upward its oil and gas output targets for this year as China's biggest offshore producer rec …

BloombergOil Companies to Reopen Their Checkbooks as Brent Surpasses $70Bloomberg“The fact that the oil price has recovered from $30 in 2016 to $70 at the beginning of 2018 is incredibly positive,” said Hari Vamadevan, a senior vice president at the compan …

BloombergGlut Fears Thwart Oil Rebound After Record Draw From Storage HubBloombergA record draw from America's largest crude storage hub helped lift prices from the day's lows, but not enough to ease fears that rising production in the U.S. and els …

EURACTIVSpotlight: Malaysia vows to take "corrective action" against EU's palm oil banXinhuaKUALA LUMPUR, Jan. 18 (Xinhua) -- Malaysia will take necessary actions to protect the country's palm industry following the European Union (EU)&#3 …

BloombergAn Oil Giant Shrinks in Asia as Dirty Skies Turn Cash Toward GasBloombergChina's crude oil production will likely extend it's slide into a third year as state-run giants focus on pumping natural gas to meet President Xi Jinping's drive …

This Oil Stock Is Scorching Hot Right Now (Is It Still a Buy or Will It Burn Investors?)Motley FoolShares of W&T Offshore (NYSE:WTI) have enjoyed an impressive run lately. The stock was up another 10.5% this week, which pushed its year-to-date rebound …

ReutersIs $70 The Ceiling For Oil Prices?OilPrice.comEIA: U.S. oil production to top 11 mb/d by end of 2019. The EIA sharply revised up its forecast for U.S. oil production this year and next, predicting average output of 10.3 mb/d in 2017 (up nearly 300,0 …

Rig Count Shoots Up As Oil Nears $70OilPrice.comThe number of active oil and gas rigs rose this week, according to Baker Hughes data, increasing by 15 total rigs, bringing the total rigs to 939, which is an addition of 280 rigs year over year. The number o …

BloombergLegendary Oil Tycoon T. Boone Pickens Shuts Main FundBloombergLegendary oil tycoon T. Boone Pickens is closing his hedge fund, saying trading in oil has lost its luster. Instead, the onetime Texas oil wildcatter wrote in a LinkedIn post that he wa …