BloombergTrump Says Saudis Persuaded to Act to Help Offset High Oil PriceBloomberg“Just spoke to King Salman of Saudi Arabia and explained to him that, because of the turmoil & dysfunction in Iran and Venezuela, I am asking that Saudi Arabia increase o …

BloombergOil Hedge Fund Manager Says $300 Oil 'Not Impossible'BloombergAndurand was among top commodity hedge fund managers who met with Al-Falih in July in London to discuss the state of the oil market. The Organization of Petroleum Exporting Coun …

BloombergOil Hedge Fund Manager Andurand Says $300 Oil 'Not Impossible ...BloombergPierre Andurand, one of oil's most prominent hedge fund managers, said the current reluctance of energy companies to invest in new production meant $300 a barrel was …

BloombergGoldman Sachs Echoes Saudi View That Oil Rally Won't Hurt DemandBloombergThe U.S. may actually benefit from OPEC's intervention as increased Middle East oil revenues flow out of the region and bolster economic activity elsewhere, the analy …

BBC NewsIceland criticised over palm oil removal from productsBBC NewsSupermarket chain Iceland has been criticised by campaigners after deciding to ban palm oil from its own products by the end of 2018. The Deeside-based is the first major UK supermarket …

BloombergOil Erases Gains After Trump Slams OPEC for Inflating PricesBloombergOil fell in New York after U.S. President Donald Trump criticized OPEC and said crude prices are “artificially Very High.” The comments came as the Organization of Petroleum Expo …

BloombergOPEC-Russia Talks Set to Keep Oil Cuts Even as Glut Vanishes ...BloombergOPEC and Russia will meet in Saudi Arabia this week after all but banishing a global oil glut. While looming political crises threaten to tighten supplies further, the group …

BloombergSaudi Arabia Signals Ambition for $80 Oil PriceBloombergWhile there's little indication the Saudis are prepared to deepen their oil cuts to achieve $80, at the very least the aspiration suggests they'll keep with the current measures until …

BloombergSaudi Arabia Signals Ambition for $80 Oil Price - BloombergBloombergSaudi Arabia wants to get oil prices near $80 a barrel to pay for the government's crowded policy agenda and support the valuation of state energy giant Aramco before an initi …

BloombergFears of Too Much Oil Bring Short-Selling BackBloombergShort-selling is creeping back into the oil market as fears increase that the U.S. will be awash with oil again. Hedge funds boosted bets on falling West Texas Intermediate crude prices by the …