ReutersOil wipes out OPEC-inspired gains with break below $50/bblReutersBrent crude oil futures LCOc1 broke below $50 a barrel for the first time since late March, hitting an intraday low of $49.69, the lowest level since Nov. 30. The July contract was dow …

ReutersOil prices near $50 a barrel after US inventory dataReutersStocks have steadily declined for the last four weeks, but at 527.8 million barrels they are just 7 million barrels off a record high. Brent crude oil futures LCOc1 were down 63 cents at $50 …

ReutersOil down on lower than expected drop in US inventoriesReutersRising U.S. production and stubbornly high inventories remain key drivers of the oil price, but equally important is the level of compliance among members of the Organization of the Petrol …

ReutersOil eases, near weakest since late March on small US stocks declineReutersSINGAPORE Crude oil lost ground on Thursday, falling for a third out of four sessions and trading near its lowest since late March after data showed a lower than expected decl …

ReutersOil prices felled by Libyan oil restart and weak gasoline demandReutersNEW YORK Crude prices were slightly lower after a volatile session on Thursday, as the restart of two key Libyan oilfields and concerns about lackluster gasoline demand fed conce …

ReutersOil prices fall more than 1 percent after Libyan oilfields restartReutersLibyan crude production stood at 491,000 bpd on Thursday, but the OPEC member was targeting 800,000 bpd soon and 1 million to 1.1 million bpd by August, the chairman of state o …

Financial TimesIraq to break with oil tradition in debut supertanker auctionFinancial TimesThe method of selling the 2m barrel cargo marks a sharp break from the traditional long-term supply deals the Middle East's biggest producers have relied on to s …

ReutersOil prices fall after Libyan oilfields restartReutersLibya's Sharara oilfield, with a production capacity of almost 300,000 barrels per day (bpd), has restarted after the end of protests by an armed group that had blocked pipelines there, a Liby …

EURACTIVPalm oil production, development and the environmentEURACTIVEurope's well-meaning attempts to improve the sustainability of palm oil production may be having the opposite effect, writes Hiroko Shimizu. Hiroko Shimizu is associate researcher at …

ReutersOil prices fall on oversupplyReutersRystad Energy expects U.S. shale oil output to grow by 100,000 bpd each month for the rest of this year and into 2018 if oil prices hold around $50-$55 a barrel, well above estimates by the U.S. Energy Information …