CNBCOil down 4 pct after smaller-than-expected US drawdownCNBCDistillate stockpiles, which include diesel and heating oil, rose 4.1 million barrels - the largest build since the week ended Jan. 8 and much more than expectations for a 256,000-barrel increas …

BloombergUS crude stockpiles fall less than expected at 2.5 million barrels: EIACNBCCrude stocks at the Cushing, Oklahoma, delivery hub fell by 232,000 barrels, the Energy Information Administration said. Distillate stockpiles, which include diesel and hea …

CNBCOil markets: Rebalancing could 'tip over', IEA warnsCNBC"In mid-summer 2016, although market balance is upon us, the existence of very high oil stocks is a threat to the recent stability of oil prices: in the first quarter of 2016 refinery …

CNBCIEA warns that oil demand is ebbing while supply remains at 'elevated levels'CNBCWith global refinery runs expected to fall by 800,000 barrels a day (b/d) in the second quarter of 2016 before surging by 2.4 mb/d in the third quarter, the IEA sa …

CNBCOil market rebalancing could 'tip over,' IEA warnsCNBCWith global refinery runs expected to fall by 800,000 barrels a day (b/d) in the second quarter of 2016 before surging by 2.4 mb/d in the third quarter, the IEA said that "we may well s …

CNBC$60 oil poses no problem for 70% of future energy projects: ReportCNBCBoth Brent and WTI crude oil are currently trading below $50 per barrel. A total of 13 million barrels per day (b/d) of new oil supply could be developed by 2025, of which nine milli …

CNBCUS oil settles up 4.56 pct after 2-month lowsCNBCU.S. crude oil futures settled up $2.04, or 4.56 percent, for the largest gain in a day since April 8. Brent crude futures were $2.12, or 4.58 percent, at $48.37 per barrel. Brent and WTI had been up abo …

CNBCOil up 4 pct in technical rally after 2-month lowsCNBCSaudi Arabia's energy minister also there were hundreds of millions of barrels of surplus crude oil in the global market, although a price above $50 a barrel was required to ensure continued inv …

CNBCUS oil settles up $2.04, or 4.56 pct after 2-month lowsCNBCSaudi Arabia's energy minister also there were hundreds of millions of barrels of surplus crude oil in the global market, although a price above $50 a barrel was required to ensure continue …

CNBCOPEC upbeat on demand growth as oil lingers at 2.5-month lowsCNBCIn its July report, the 14-member oil producing group said that oil demand growth for 2017 is expected at 1.2 million barrels a day (mb/d), around 0.3 mb/d above the last ten years' a …