Financial TimesOklahoma, Pennsylvania recovering after weekend oil spillsRTAn oil spill in Oklahoma forced the shutdown of a major, 850,000-barrel per day pipeline system that supplies crude oil to Texas refineries. The incident follows another pipeline ru …

World Bank Ups Its 2017 Oil Price Forecast To $55OilPrice.comThe World Bank has just upped its oil price forecast for 2017, saying it now expects average prices to be US$55 a barrel over the next year. That's US$2 more than its earlier forecast, which …

ReutersOil dips on Buzzard restart, Iraq; US crude tests below $50ReutersIraq's oil minister Jabar Ali al-Luaibi said the second-largest producer in the Organization of the Petroleum Exporting Countries (OPEC) wanted to be exempt from output curbs as i …

What Saudi Bonds Say About Where Oil Is HeadedOilPrice.comGet the same energy intel that international governments, major oil companies, hedge funds and investment bankers do from our 400 global on-the-ground assets... In it you'll receive profitable S …

NewsweekBreaking Free of Foreign Oil Will Require Higher Gas PricesNewsweekThe U.S. has been a net importer of oil for decades, which has long been a hot topic in politics and the media. What you may not know is that imports have been on the decline since …

ReutersOil up on Russia-OPEC hopes; US rig count jump limits gainsReutersRussian Energy Minister Alexander Novak said he would make proposals to his counterpart from OPEC leader Saudi Arabia this weekend on price-supportive measures that could include an o …

ReutersUS oil rises after surprise inventory drop; stocks upReutersEnergy stocks were boosted by the higher oil prices and helped offset a near 6-percent decline in shares of Intel after a disappointing revenue forecast. "The severe weakness in energy …

ReutersOil rises after surprise drop in US inventories; stocks tick upReutersEnergy stocks were boosted by the higher oil prices and helped offset a near 6-percent decline in shares of Intel after a disappointing revenue forecast. "The severe weakness …

DailyFXCrude Oil Price Forecast: Crude Breakout to 2016 HighsDailyFXThat truism played out in Crude Oil as we traded at 15-month highs on the back of a very large inventory draw per the EIA U.S. Inventory Data that showed U.S. Crude Inventories fell by 5.2 …

Financial TimesExxon and Saudi Arabia at odds on oil market supplyFinancial TimesSaudi Arabia, the world's biggest oil exporter, has said this is the main reason it is working with Opec members and other big producer nations on a deal to curb output an …