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 …

ReutersOil prices under pressure as Iraq resists joining output cutReutersLONDON Oil prices came under pressure on Monday as Iraq said it wanted to be exempt from an OPEC deal to cut production, though losses were capped by Iran saying it would encourage o …

ReutersOil prices fall as Iraq resists joining output cutReutersLONDON Oil prices fell on Monday as Iraq said it wanted to be exempt from an OPEC deal to cut production, though losses were capped by Iran saying it would encourage other members to join an o …

ReutersOil prices drop as Iraq says doesn't want to join OPEC cutReutersSINGAPORE Oil prices fell early on Monday as Iraq said it wanted to be exempt from any deal by producer cartel OPEC to cut production to prop up the market, and as U.S. drillers st …

ReutersOil rises on Saudi offer to cut output as OPEC talks loomReutersThe Saudi offer, ahead of next week's meeting of OPEC ministers trying to staunch oil price losses, has yet to be accepted by Tehran, three sources familiar with the discussions tol …

ReutersOil prices slip after two days of strong increasesReutersLONDON Oil prices fell on Friday in a sell-off following two sessions of strong rises and on caution ahead of a gathering of OPEC ministers next week in Algeria to discuss possible production …

ReutersOil prices fall as traders take profit after two days of strong risesReutersU.S. West Texas Intermediate (WTI) crude oil futures CLc1 were trading at $45.98 per barrel at 0648 GMT (2:48 am ET), down 34 cents, or 0.7 percent, from their previous clos …

ReutersOil dips on technical selling after two days of strong risesReutersSINGAPORE Oil prices eased on Friday, pulled down by a technical sell-off following two sessions of strong rises and on caution ahead of a gathering of OPEC ministers next week in Al …