BloombergOPEC-Russia Talks Set to Keep Oil Cuts Even as Glut VanishesBloombergEnergy Minister Khalid Al-Falih contends this is necessary to ensure markets have properly rebalanced, and that prices are high enough to encourage the global oil industry invest …

BloombergOPEC-Russia Talks Set to Keep Oil Cuts Even as Glut Vanishes ...BloombergOPEC and Russia will meet in Saudi Arabia this week after all but banishing a global oil glut. While looming political crises threaten to tighten supplies further, the group …

BloombergIraq Delays Oil Auction After Late Contract TweaksBloombergThe best fields, according to Thom, are those that are close to existing oil reservoirs and export facilities. Companies already producing in the country are likely to seek rights in adjac …

BloombergEuropean Majors Snap Up Mexican Oil Contracts Ahead of ElectionBloombergMexico's national hydrocarbons commission awarded 16 production-sharing contracts in the tender on Tuesday. They cover prospective resources estimated at the equivalent of …

BloombergOil Trading Giants Glencore, Vitol Targeted in PDVSA Bribe SuitBloombergOil trading giants including Glencore Ltd. and Vitol SA paid millions of dollars to a former PDVSA trader to get the inside track on Venezuelan oil deals, according to a lawsu …

Oil turns higher after unexpected inventory dropMarketWatchWest Texas Intermediate crude oil for April delivery CLJ8, +1.72% on the New York Mercantile Exchange erased a loss and last traded with a gain of $1.03, or 1.7%, at $62.71 a barrel. The global ben …

Cointelegraph (Bitcoin, Cryptocurrency and Blockchain News)Petro: Stable Coin for Crypto Economy or Illegal Oil Futures?Cointelegraph (Bitcoin, Cryptocurrency and Blockchain News)On Feb. 20 the pre-sale of Petro was launched and has already raised $735 mln …

The EconomistOPEC mulls a long-term alliance with Russia to keep oil prices stableThe EconomistOIL bears beware. On February 20thSuhail al-Mazrouei, OPEC's rotating president and energy minister of the United Arab Emirates, said the 14-member producers …

BloombergHungry Venezuelan Workers Are Collapsing. So Is the Oil IndustryBloombergThe Puerto La Cruz region and its ports, where refineries and upgraders are laid out against verdant bluffs and postcard beaches, produce about 89 percent of Venezuelan oil e …

BloombergIndians Pay $600 Million for Stake in Abu Dhabi Oil ConcessionBloombergThe Indian consortium is comprised of ONGC's wholly owned subsidiary ONGC Videsh, Indian Oil Corp., and Bharat PetroResources, which is a 100 percent subsidiary of Bharat P …