Kuwait, Saudi to resume output from Neutral Zone in 2019 - Toyo EngineeringReuters Africa“Maximum oil production rate of the fields is 350,000 barrels per day,” Toyo Engineering said in a statement. “Due to lower crude oil prices, the production of the oil …

Oil Rebounds From Three-Month LowMorningstar.comMany have been betting that a long-term downtrend in oil prices and tens of billions of dollars in cutbacks that followed from oil companies would eventually put the market in short supply. Many are still pur …

Oil Turns Lower on Oversupply ConcernsMorningstar.comU.S. oil for August delivery recently fell 15 cents, or 0.3%, to $44.99 a barrel on the New York Mercantile Exchange. Brent, the global benchmark, fell 3 cents, or 0.1%, to $46.37 a barrel on ICE Futures …

Oil's Rally Takes a BreatherMorningstar.com"This marks a shift in sentiment on the oil market which could also weigh further on prices in the near future." Despite oil's sharp rally this year, global oil stocks still increased by 1.95 mil …

Financial TimesUPDATE 1-Russia, Saudi Arabia set up working group on oil, gas cooperationReuters(Adds further comments by Novak, details of OPEC meeting). MOSCOW Nov 26 Russia and Saudi Arabia will set up a special joint working group on oil and gas cooper …