FuturismVenezuela Set to Launch Its Own Oil-Backed CryptocurrencyFuturismBeyond oil, the crypto will additionally be backed by Venezuela's oil, gas, gold, and diamond reserves. While the move has been referred to as a “hail mary” stunt by some, the cou …

KXAN.comOil prices expected to keep rising in 2018, but it could be a rocky rideFox BusinessOil prices are likely to continue climbing in 2018 on the back of OPEC-led production cuts and a growing global economy, industry executives and analysts say. But a …

ReutersUS crude ends year above $60 on strong global oil demandReutersEarlier this year, oil prices slumped on concerns that rising crude production from Nigeria, Libya and elsewhere would undermine output cuts led by the Organization of the Petroleum Expo …

ReutersU.S. crude ends year above $60 on strong global oil demand - ReutersReutersU.S. oil prices closed above $60 a barrel on the final trading day of the year, the first time since mid-2015, as the commodity ended 2017 with a 12 percent gain spurred by s …

Seeking AlphaCrude Oil And The $60 HandleSeeking AlphaMeanwhile, the June 21 price that caused bearish sentiment in the oil market to reach a crescendo turned out to be the low for 2017. When the price moved back to $50 per barrel, only a handful of market …

Seeking AlphaOil: 2017 In Review, 2018 In PreviewSeeking AlphaSince then, a slew of positive developments have bolstered confidence in crude. OPEC has come out and said that it intends to extend its production agreement through 2018, global oil demand has …

Financial TimesDonald Trump berates China over oil flows to North KoreaFinancial TimesDonald Trump has rebuked China, renewing threats of aggressive trade actions against the country which he said had been “caught red handed” allowing oil supplies to reach …

ReutersUS oil prices hit highest since mid-2015 on surprise output dropReutersFriday's WTI price rises were driven by a surprise drop in U.S. oil production, which last week dipped to 9.754 million barrels per day (bpd), down from 9.789 million bpd the …

ReutersUS oil prices climb to highest since mid-2015 on surprise output dropReutersThe price rises were driven by a surprise drop in U.S. oil production, which last week dipped to 9.754 million barrels per day (bpd), down from 9.789 million bpd the previou …

VoxIt sure looks like China is secretly selling oil to North KoreaVoxChina has apparently been secretly selling oil to North Korea in violation of UN sanctions and its own promises to drastically curb trade with the country. A report from South Korean news …