ReutersOil overhang points to need for extended OPEC output cutsReutersLONDON An OPEC-led production cut may well be accelerating a drawdown in global oil stocks that began last year, but implementing the reduction for just six months means the producer gr …

Wall Street Pouring Money Back Into Oil And GasOilPrice.comDespite the near record increase in U.S. oil inventories last week – an increase of 13.8 million barrels – oil prices traded up on February 8 and 9 as traders pinned their hopes on a surprise drawd …

ReutersVenezuela falls behind on oil-for-loan deals with China, RussiaReutersDuring the decade-long oil boom that ended in 2014, Venezuela borrowed nearly $50 billion from China that it agreed to pay back in crude and fuel deliveries to state-run Chinese f …

ReutersVenezuela falls behind on oil-for-loan deals with China, Russia ...ReutersVenezuela's state-run oil company, PDVSA, has fallen months behind on shipments of crude and fuel under oil-for-loan deals with China and Russia, according ...and mor …

MarketWatchOil prices pull back as investors cash in on month-highsMarketWatchCrude-oil futures fell on Thursday, as traders pared bullish bets after prices rallied overnight to their highest level in nearly a month. Light, sweet crude for March delivery C …

ReutersIndia looks at creating oil giant to take on global rivalsReuters"We propose to create an integrated public sector oil major which will be able to match the performance of international and domestic private sector oil and gas companies," J …

MarketWatchOil futures pare gains as EIA report forecasts a rise in shale outputMarketWatchThe report raised concerns that the agreement among major oil producers to cutback on output that has contributed to the recent rise in crude prices will fail to all …

ReutersOil edges up on weak US dollar, Saudi OPEC compliance talkReutersOil drew some support earlier Tuesday from top crude exporter Saudi Arabia, which said it would adhere strictly to its commitment to cut output under the agreement between OPEC and oth …

ReutersOil rises on weaker dollar, Saudi commitment to cut outputReutersTraders said oil drew some support from top crude exporter Saudi Arabia, which said it would adhere strictly to its commitment to cut output under the agreement between OPEC and other …

ReutersOil prices dip as rising US output could offset OPEC cutsReutersSINGAPORE Oil dipped on Tuesday on lingering concerns over global fuel oversupply due to rising U.S. output and doubts that OPEC and other producers would adhere to commitments to cut o …