Reuters UKOil near June 2015 high as production cuts tighten marketReuters UK“During the first quarter of next year there will be more balance between supply and demand, which will reflect positively on improving global oil prices,” he said. The production …

ReutersOil near June 2015 high as production cuts tighten marketReuters“During the first quarter of next year there will be more balance between supply and demand, which will reflect positively on improving global oil prices,” he said. The production cuts …

Ineos starts testing UK's Forties North Sea oil pipeline after repairsReuters“A small number of customers are now sending oil and gas through the pipeline at low rates as part of a coordinated plan that allows Ineos to carefully control the flow and pr …

ReutersOil inches higher ahead of Christmas holiday weekendReutersOil prices have recovered in the past year on the back of oil production cuts by OPEC, Russia and other producers, helping reduce the global inventory overhang. Russian Energy Minister Alexa …

Oil Prices Stable On Flat Oil Rig CountOilPrice.comThe number of active oil and gas rigs rose this week, according to Baker Hughes data, increasing by 1 rig, for a total of 931 rigs currently in operation in the United States—278 rigs above this time last …

ReutersOil eases from highs but OPEC cuts still support market - ReutersReutersOil prices dipped on Friday in light volumes but stayed near their highest levels since 2015 on pledges from OPEC leader Saudi Arabia and non-OPEC Russia that any exit from crud …

Mexico Strikes Oil-Trading Deal With TrafiguraOilPrice.comMexico's National Hydrocarbons Commission has taken on Trafigura as a crude oil trading partner, making it the first foreign company to get the right to market Mexican crude. The three-year cont …

Los Angeles TimesNew taxes and higher costs of oil drive up gasoline prices for holiday seasonLos Angeles TimesThe statewide price was $3.08, while the national average was $2.42, prompting some critics of the oil industry to question whether California co …

ReutersOil dips from highs but OPEC cuts still support market - ReutersReutersOil prices dipped on Friday but stayed near their highest levels since 2015 on pledges from OPEC leader Saudi Arabia and non-OPEC Russia that any exit from crude output cuts woul …

XinhuaRising number of palm oil plantations ruin Southeast Asian forests: studyXinhuaSAN FRANCISCO, Dec. 21 (Xinhua) -- The proliferation of palm oil plantations throughout Southeast Asia has worsened widespread deforestation in the region, a study said th …