Nikkei Asian ReviewChina sees new world order with oil benchmark backed by goldNikkei Asian ReviewThe contract could become the most important Asia-based crude oil benchmark, given that China is the world's biggest oil importer. Crude oil is usually pr …

Crude falls as flooding from Harvey roils US oil industryFox Business"It looks like everyone thinks that the hurricane will affect refining more than production," said Tony Nunan, oil risk manager at Mitsubishi Corp. "Production will come ba …

Madison.comWill Oil Markets Rebalance Before The OPEC Deal Expires?OilPrice.comThe oil market is still on track to rebalance, although the pace is “stubborn” and will still take some time, the IEA said in a new report. Market sentiment has been fickle thro …

Little-Known Driller Dives Into Perilous Venezuelan Oil MarketOilPrice.comTwo weeks before he held a vote to set up an assembly to re-write the constitution—further undermining democracy—Venezuelan President Nicolas Maduro hosted the signing of a contract …

Economic TimesIndian Oil Corp buys first shale oil from USEconomic TimesNEW DELHI: State-owned Indian Oil Corp (IOC) has bought the country's first shale oil from the US and is looking to step up imports from America as part of its crude diversificatio …

The AdvertiserInside our medicinal marijuana facilityThe AdvertiserA NOTE ABOUT RELEVANT ADVERTISING: We collect information about the content (including ads) you use across this site and use it to make both advertising and content more relevant to you on …

Economic TimesOil falls a third day on worries Middle East rift could dent output cutsEconomic Times"The relentless increase in US oil production appears to have the market worried that the OPEC cuts will be completely nullified by the increased US pr …

Oil Gains After Data Showing US Stockpile Growth Seen to Be SlowingWall Street Journal (subscription)Oil prices resumed their rise Thursday, building on gains in the previous session after U.S. data made traders and investors hopeful that the country's …

Economic TimesOpec be warned! Russia seeing oil at $40 does not bode well for crude marketEconomic TimesWhile analysts in a Bloomberg survey see the price of benchmark Brent crude -- which trades at a small premium to Russia's Urals export blend -- ris …

Oil Settles Below $50 a Barrel for the First Time in 2017Wall Street Journal (subscription)Oil prices extended losses Thursday, hitting a three-month low a day after a larger-than-expected buildup in U.S. crude inventories raised doubts over whether OPEC c …