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ReutersOil markets firm on tighter US market, expected extension of OPEC supply cutsReutersBrent crude futures LCOc1, the international benchmark for oil prices, were at $58.25 at 0029 GMT, up 10 cents, or 0.2 percent, from their last close. U.S. West Texa
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ReutersOil rises as lower US production, inventories point to tighter marketReutersWith the Organization of the Petroleum Exporting Countries (OPEC) leading a production cut, analysts said that global oil markets were now broadly balanced after years of ov
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ReutersOil edges up as lower US production, inventories point to tighter marketReuters“The rebalancing of the oil market has made significant progress over this time, although there is still some way to go to get back to the five-year average,” said Willia
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Seeking AlphaWeekly Oil Storage Report - Get Ready For Them 'Draws'Seeking AlphaEIA reported a neutral oil storage report as the crude storage decline was less than what we expected. However, next week's EIA storage report will show a material
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Indonesia's drive to reduce oil imports a boon for producers: GSS EnergyReutersSINGAPORE (Reuters) - The appeal of Indonesia's oil and gas sector is improving for some independent producers as the resource-rich nation scrambles to reduce its depend
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Reuters.comOil prices drop on rising US crude inventoriesReuters.comThe OPEC-led deal has helped lift oil from the $30-$40 per barrel range in late 2016/early 2017, but analysts say that supplies remain ample despite these cuts, thanks in large part to sur
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Reuters.comOil rises on signs of tighter market, but 2018 looks more uncertainReuters.comDespite this, Barclays said oil could dip again in 2018, with second-quarter 2018 Brent likely to fall back to $48 a barrel, thanks largely to rising global output. A
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Danish firm partners Epsilon to provide oil spill equipmentThe ObserverUgandan waste management firm Epsilon has partnered with Danish giants Desmi to provide oil-spill response services to Uganda's nascent oil sector. Under the partnership, the compan
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ReutersOil prices stable on signs of tighter market, but 2018 looks more uncertainReutersDespite this, Barclays said oil could dip again in 2018, with Q2 2018 Brent to fall back to $48 a barrel, thanks largely to rising global output. A pact between the Or
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Reuters.comOil prices stable as OPEC says market is rebalancingReuters.comSINGAPORE (Reuters) - Oil prices were stable on Tuesday as OPEC said there were clear signs the market was rebalancing and as U.S. production remained offline following Hurricane Nat
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