ReutersOil slides as output rises at Libya's largest oil fieldReutersNEW YORK (Reuters) - Oil prices fell as much as 2 percent on Monday on selling triggered by a rebound in production from Libya's largest oil field along with worries about higher …
The DriveHere's What Happens When You Use Cooking Oil Instead of Motor Oil in Your EngineThe DriveOnce everything is ready, he fills up the pokey 1.6-liter engine with used cooking oil literally straight out of a deep fryer. On a brief test fire, it ac …
MarketWatchOPEC mulls oil production caps for Libya, NigeriaMarketWatchThe OPEC production-cut agreement was meant o bring the world's oversupply of oil back in line with demand and thereby boost slumping crude prices. Instead, the petroleum market has …
ReutersOil prices plummet 3 percent on oversupplied marketReutersLONDON Oil prices fell 3 percent on Friday after data showed U.S. production rose last week just as OPEC exports hit a 2017 high, casting doubt over efforts by producers to curb oversupply. G …
ReutersOil extends gains to sixth day on dip in US outputReuters"After the steep drop in oil prices of recent weeks, I believe that especially hedge funds saw nice buying momentum and lower U.S. crude production was the trigger to act," said Hans …
ReutersOil prices edge up to two-week high on dip in US outputReuters"After the steep drop in oil prices of recent weeks, I believe that especially hedge funds saw nice buying momentum and lower U.S. crude production was the trigger to act," said …
The EconomistWhat Rosneft's purchase of Essar's oil refinery meansThe EconomistSuch is the story of the Essar Group, which is in the final stages of selling its crown jewel, India's second-biggest private oil refinery, to a consortium led by Ro …
ReutersOil prices rise to two-week high on dip in US outputReutersLONDON Oil prices rose to a two-week high on Thursday, extending a rally into a sixth straight session after a decline in weekly U.S. production eased concerns about deepening oversupply. Cr …
ReutersOil bounces off 10-month lows; crude glut still weighsReutersNEW YORK Oil rose on Thursday, a day after hitting 10-month lows, but market sentiment remained negative because the global crude glut has persisted despite OPEC-led output cuts. Brent cru …
ReutersBrent crude oil bounces back above $45, but excess weighsReutersLONDON Oil edged up from multi-month lows on Thursday, but prices remained under pressure from a supply glut that has persisted despite OPEC-led efforts to balance the market. Brent cru …