ReutersOil prices extend rally, shrug off US stock buildReutersOil prices had surged on Tuesday as members of he Organization of the Petroleum Exporting Countries (OPEC) were set to renew efforts on concrete steps to implement a deal on cutting output in t …
Financial TimesSaudi Arabia set to reveal depth of oil reservesFinancial TimesEver since the kingdom completed the nationalisation of the formerly US-controlled Saudi Aramco in the 1980s, the size of proven reserves of the world's largest oil exporter …
ReutersOil prices jump 3 percent on hopes of OPEC output cutReutersLONDON Oil prices jumped more than 3 percent on Tuesday, bouncing back from multi-month lows on expectations that OPEC will agree later this month to cut production to reduce a supply glut. …
ReutersOil prices up 2 percent on hopes of OPEC output cutReutersLONDON Oil prices rose around 2 percent on Tuesday, bouncing back from multi-month lows on optimism that OPEC will agree later this month to cut production to reduce a supply glut. North Sea …
Business InsiderOil is recoveringBusiness InsiderThe US Energy Information Administration (EIA) forecasted that oil production will fall to its lowest level since April 2014 in December, predicting output of just under 4.5 million barrels per day. Restrict …
MarketWatchOil prices snap back after three sessions of lossesMarketWatchOil futures rose in early Asia trading, snapping a three-session losing streak, amid ongoing efforts to shore up a proposed production cut by members of the Organization of the Petrol …
ReutersOil prices rise on falling shale output, renewed hopes of OPEC cutReutersSINGAPORE U.S. oil prices rose on Tuesday to move away from a nearly two-month low struck the day before, pushed higher by expectations of falling shale output and renewed opti …
ReutersOil mogul Hamm tops Trump list for US energy secretary: sourcesReuters"In my view, he's likely to be asked. And, because he's a patriot and an American, he's likely to say yes." Hamm, 70, became one of America's wealthiest …
ReutersBig Oil revels in Trump victory, expects less red tapeReutersThe U.S. energy industry on Wednesday reveled in Republican Donald Trump's presidential victory, expecting him to be a strong advocate for more oil and gas output and to cut red tape t …
ReutersOil industry workers split between Trump and ClintonReutersNEW YORK U.S. oil and gas industry workers have contributed only slightly more money to the campaign of Democrat Hillary Clinton than to Republican Donald Trump since the two clinched their …