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ReutersOil hovers near three-year high despite rising US outputReutersBank of America Merrill Lynch on Monday raised its 2018 Brent price forecast to $64 a barrel from $56, forecasting a deficit of 430,000 barrels per day (bpd) in oil production compared t
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Business InsiderOil spill around sunken tanker expands in East China SeaXinhuaSHANGHAI, Jan. 15 (Xinhua) -- The oil spill on the water surface around the sunken Iranian tanker in the East China Sea is expanding, China's maritime authority said Monday.
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BBC NewsHuge oil spill left after burning tanker sinks off ChinaBBC NewsChinese ships are racing to clean up a giant oil spill after an Iranian tanker sank in the East China Sea. The 120 sq km (46 sq mile) oil slick is thought to be made up of heavy fuel t
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ReutersOil hovers below $70 highs, clouded by rise in U.S. output - ReutersReutersOil hovered below a three-year high near $70 a barrel on Monday on signs that production cuts by OPEC and Russia are tightening supplies, but analysts warned of "red fla
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ReutersOil hovers below $70 highs, clouded by rise in US outputReutersGrowing signs of a tightening market after a three-year rout have bolstered confidence among traders and analysts that prices can be sustained near current levels. Bank of America Merril
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The Australian Financial ReviewWhy oil stocks won't necessarily join in the oil price rallyThe Australian Financial ReviewIndeed, the sector had a decidedly subdued start to the week – Woodside rose slightly, but both Oil Search and Santos lost ground
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ReutersOil hovers around $70, clouded by rise in US outputReutersBank of America Merrill Lynch on Monday raised its 2018 Brent price forecast to $64 a barrel from $56, forecasting a deficit of 430,000 barrels per day (bpd) in oil production compared to dem
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ReutersOil near three-year highs on output cuts despite rising North American rig countReutersOil markets have been well supported by production cuts led by the Organization of the Petroleum Exporting Countries (OPEC) and Russia which are aimed at propping
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ReutersOil dips away from 2014 highs on rising US rig count, but analysts say market supportedReutersANZ bank said oil prices had recently risen “on the back of data continuing to show the market is tightening.” Despite the sharp price rises since December
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ReutersBrent crude oil rises to $70 on output cuts, ignores North America rig ...ReutersBrent crude oil prices rose to $70 a barrel on Monday, supported by ongoing output cuts led by OPEC and Russia, and ignoring a rise in U.S. and Canadian drilling activi
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