ReutersOil edges up about 1 percent on optimism over non-OPEC output cutsReutersDXY that makes greenback-denominated crude more expensive to many buyers, pressured oil, keeping both benchmarks nearly 2 percent below the highs reached late last month after …
ReutersOil makes shaky gains on optimism over non-OPEC output cutsReutersOn Saturday, oil ministers from OPEC countries will meet non-OPEC producers in Vienna to seek help in curbing a global glut. Brent crude for February delivery LCOc1 was up 5 cents at …
ReutersOil edges higher on optimism over non-OPEC output cutsReutersLONDON Oil prices edged higher for a second consecutive session on Friday on hopes that non-OPEC producers meeting in Vienna would agree to cut output to bolster the group's own agreem …
ReutersOil extends gains on hopes for non-OPEC output cutsReutersKazakhstan may offer to freeze its oil output at last month's level at the talks between OPEC and non-OPEC producers in Vienna, Kazakh Energy Minister Kanat Bozumbayev said on Friday. &qu …
ReutersOil ends down but off lows, then slides on API reportReuters"We'll easily be looking at $45 WTI if the EIA report shows a build as terrifying as this," said Phil Davis, crude oil trader at PSW Investments in Woodland Park, New Jersey. …
ReutersOil up on dollar, OPEC limits rise; gasoline jumps on line explosionReutersU.S. gasoline futures RBc1 dominated action outside of the crude oil complex, spiking 11 percent before giving back some gains, after Colonial Pipeline Co COLPI.UL shut its m …
Financial TimesShell and BP warn not to expect strong oil rebound in 2017Financial TimesThe UK-listed oil majors both said they were planning for prices per barrel in the low $50s in 2017 — only a little above current levels — in a sign of the industry ada …
Business InsiderThe oil crash has created America's worst housing marketsBusiness InsiderThe oil crash is making housing markets in energy-producing areas much worse than most other places. Nationwide's Health of Housing Markets Report for the firs …
Kazakhstan replaces energy minister Vladimir Shkolnik as oil output fallsEconomic TimesALMATY: Kazakhstan named Kanat Bozumbayev, a former head of the country's power grid, as its new energy minister on Friday, as the second-largest oil producer in the …
The Fiscal TimesWhy Oil Prices Will Take Another TumbleThe Fiscal TimesThe stock market rally since the Feb. 11 low has been predicated on two things. The first was the persistent hope of an OPEC/Russia deal to freeze crude oil supplies. The second was the …