Saudi Arabia confident cuts by OPEC and allies will balance oil market  Yahoo NewsRIYADH (Reuters) - Saudi Arabia's energy minister said on Wednesday he was confident that action to rein in output by OPEC and its allies would bring the oil ... Re …

Mixed bag of Asian crude oil OSPs misses market expectations in Jan  S&P Global PlattsCrude oil official selling prices released by Middle Eastern producers so far in January for various grades and loading periods did not match the expectations o …

New Mexico commissioner seeks higher cap on oil royalties  Houston ChronicleSANTA FE, N.M. (AP) — New Mexico Land Commissioner Stephanie Garcia Richard says she is working on a bill with state lawmakers to allow higher royalty ... Read more https …

Stocks Climb Amid Optimism on U.S.-China Agreement: Markets Wrap  BloombergStocks rose globally after the U.S. and China concluded three days of trade talks and appeared to be closer to agreement on a number of areas. The dollar ... Read more htt …

WHO study likens palm oil lobbying to tobacco and alcohol industries  ReutersThe palm oil industry is deploying tactics similar to those of the alcohol and tobacco industries to influence research into the health effects of its product, a study . …

Egypt introduces price index for fuel linked to oil prices  The Seattle TimesCAIRO (AP) — Egypt has created a new automatic price index mechanism for 95-octane gasoline as part of a reform program aimed at reviving the country's ... Read more htt …

Oil exploration in North Sea 'to bounce back' in coming year  BBC NewsOil exploration in the North Sea is expected to begin a bounce back over the coming year, according to analysts Wood Mackenzie. Drilling in the UK sector in ... Read more https …

Coconut Oil Stocks Drop by Half As Everyone Realizes How Unhealthy It Is  Cooking LightData shows wholesale prices for coconut oil have hit the lowest levels they've ever been as more evidence shows how unhealthy the staple can be. Read more http …

The FreightWaves Oil Report: Mexico Steps In With A New Chunk Of Low Sulfur Diesel Demand  Yahoo! Finance NewsA more pressing switch began occurring this week, when Mexico started requiring ultra low sulfur diesel—with 15 parts per million sulfur …

Elliott Makes $2 Billion Offer for Oil Driller QEP Resources  BloombergElliott Management Corp. made a $2 billion proposal to acquire the portion of QEP Resources Inc. that it doesn't already own as the activist investor expands its ... Read more …