ReutersOil wipes out OPEC-inspired gains with break below $50/bblReutersBrent crude oil futures LCOc1 broke below $50 a barrel for the first time since late March, hitting an intraday low of $49.69, the lowest level since Nov. 30. The July contract was dow …

ReutersOil prices near $50 a barrel after US inventory dataReutersStocks have steadily declined for the last four weeks, but at 527.8 million barrels they are just 7 million barrels off a record high. Brent crude oil futures LCOc1 were down 63 cents at $50 …

ReutersOil down on lower than expected drop in US inventoriesReutersRising U.S. production and stubbornly high inventories remain key drivers of the oil price, but equally important is the level of compliance among members of the Organization of the Petrol …

Norman facing charges over oil protestOtago Daily TimesFormer Greens co-leader Russel Norman and two other Greenpeace protesters face charges after they threw themselves in the sea in front of an oil exploration ship, forcing it to stop its seismic blastin …

ReutersOil climbs after reports that Saudi Arabia wants output cuts extendedReutersOil futures have been pinned in a range, supported by production cuts from OPEC and other states but capped by rising U.S. shale oil production. The market turned positive a …

ReutersOil eases from 5-week high, US output rise undermines rallyReutersBOSTON Crude oil edged back from a five-week high on Tuesday as rising U.S. shale oil production weighed against support from tensions in the Middle East and production cuts in OPEC a …

ReutersOil prices hit one-month highs as buyers stay upbeatReuters"The U.S. crude oil production profile is a mirror image of where it was last year, when at the end of the second quarter, production was 600,000 bpd lower than at the start of the year …

ReutersOil prices rise, near one-month highsReuters"The U.S. crude oil production profile is a mirror image of where it was last year, when at the end of the second quarter, production was 600,000 bpd lower than at the start of the year and this year …

ReutersOil prices edge up after dent from US inventoriesReuters"The U.S. crude oil production profile is a mirror image of where it was last year, when at the end of the second quarter, production was 600,000 bpd lower than at the start of the year an …

ReutersOPEC, non-OPEC to look at extending oil-output cut by six monthsReutersKUWAIT A joint committee of ministers from OPEC and non-OPEC oil producers has agreed to review whether a global pact to limit supplies should be extended by six months, it said …