ReutersOil rises above $68 to highest since May 2015 on tighter marketReutersOPEC is cutting output by even more than it promised [OPEC/O] and the restraint is reducing oil stocks globally, a trend most visible in the United States, the world's largest …

RudawIraq To Begin Oil Deliveries To IranOilPrice.comIraq's oil minister says the country will start exporting oil to Iran from its northern Kirkuk oil fields by the end of January. Oil Minister Jabar al-Luaibi said on January 7 that about 30,000 barre …

Manila BulletinJICA starts engineering design for PNR Clark North Phase 2Manila BulletinThe Japan International Cooperation Agency (JICA) has started working on the detailed engineering design for Phase 2 of the Philippine National Railways (PNR) Clark Nor …

ReutersOil approaches 2015 highs on fewer US rigs, OPECReuters“The U.S. oil price is now into a range that is anticipated to attract increased shale oil production,” said Ric Spooner, chief market analyst at CMC Markets in Sydney. “Traders may decide that …

ReutersOil little changed as rising US output offset OPEC worriesReuters“The U.S. oil price is now into a range that is anticipated to attract increased shale oil production,” said Ric Spooner, chief market analyst at CMC Markets in Sydney. “Traders may de …

ReutersOil mostly flat as rising US output offsets OPEC worriesReuters“The U.S. oil price is now into a range that is anticipated to attract increased shale oil production,” said Ric Spooner, chief market analyst at CMC Markets in Sydney. “Traders may deci …

China limits oil supply to North Korea amid reports of sanctions dodgingNikkei Asian ReviewChina has also banned exports of steel, machine tools, transport vehicles and other key items to the North, and has prohibited imports of grain, lumber, agricultural …

ReutersOil at highest in two-and-a-half years on Iran tensions, strong demandReutersLONDON/NEW YORK (Reuters) - Oil prices rose about 2 percent on Wednesday to the highest in 2-1/2 years, with buying spurred by a sixth day of unrest in OPEC member Iran and …

Oil-Rich Venezuela Is Out Of GasolineOilPrice.comAccording to the Organization of the Petroleum Exporting Countries, the highest proven oil reserves in the world, including non-conventional oil deposits, are in Venezuela. “Gentlemen: There is no more gasol …

FuturismVenezuela Set to Launch Its Own Oil-Backed CryptocurrencyFuturismBeyond oil, the crypto will additionally be backed by Venezuela's oil, gas, gold, and diamond reserves. While the move has been referred to as a “hail mary” stunt by some, the cou …