BloombergCrude Oil's Correction Is Healthy For The FutureSeeking AlphaThe recent downside correction in crude oil was long overdue. The energy commodity traded to a low of $42.05 on the nearby NYMEX futures contract on June 21 which was 15 cents below …

ReutersGlobal oil cut deal may hit Russian economy in 2018: central bankReutersIt added that fossil fuel consumption by cars was expected to peak in the mid-2020s, which would significantly hit oil prices. “We assume that the OPEC+ deal... along with weake …

ReutersChina says will limit oil, refined product exports to North KoreaReutersBEIJING (Reuters) - China's Commerce Ministry said on Friday it will limit exports of crude oil, refined oil products, steel and other metals to North Korea, in line with to …

ReutersRussia backs gradual, managed exit from oil cuts with OPECReutersThe Organization of the Petroleum Exporting Countries and other large oil producers led by Russia agreed last month to extend until the end of next year their deal to cut a combined 1. …

Financial TimesElliott calls for urgent changes at oil group HessFinancial TimesElliott Management, the activist fund, has called for an urgent shake-up at Hess, the US exploration and production company, arguing for changes that could include replacing th …

The EconomistOil and gas supply disruptions ripple around the worldThe EconomistCALL it the hydrocarbon equivalent of the butterfly effect. As oil and gas supplies tighten during the northern winter, disruptions as remote as a hairline fracture on a piece …

Sudan's oil supply threatened due to dollar shortageReutersSudan's economy has been struggling since the south seceded in 2011, taking with it three-quarters of the country's oil output. The Sudanese pound has also weakened and prices have clim …

Oil Markets Calm After OPEC StormOilPrice.comResearchers at MIT have discovered a flaw in the EIA's official forecast, which might mean that the agency is vastly overstating the potential growth of oil and gas production. “The EIA is assuming that prod …

UPDATE 2-Nigeria's parliament passes 2018-2020 budget framework, raises oil price estimateReutersNigeria is Africa's biggest oil producer and crude oil sales make up two-thirds of government revenue. In the second quarter Nigeria emerged from its f …

ReutersOPEC And Russia Blinked, But The Oil Bulls Aren't Ready To Run, YetSeeking AlphaThe anticipation is over and the results of OPEC's 173rd meeting are in. As expected, the cartel with Russian cooperation extended production cuts through 2018 t …