ReutersOil rises by 1 percent on Saudi commitment to withhold output, weak dollarReutersStephen Innes, head of trading for Asia-Pacific at futures brokerage OANDA in Singapore, said “the Saudi signal is reasonably convincing, suggesting OPEC and their part …

Financial TimesUS set to become swing oil supplierFinancial TimesUS runaway crude oil production and total oil export growth is having dramatic impacts on global oil markets, positioning the US to be the major oil export hub in the world. No doubt there is …

ReutersOil extends gains on Saudi commitment to cutting output, weak dollarReutersU.S. crude oil production rose to a fresh record of 10.27 million barrels per day (bpd), more than top exporter Saudi Arabia pumps and within reach of No.1 producer Russia. C …

Business InsiderHistory could be repeating itself in the oil marketBusiness InsiderThe reason why the oil market might suffer from a renewed glut largely comes down to soaring U.S. shale production. In the three-month period ending in November, the U.S. ad …

The Globe and MailOil Prices Recover After Small Crude Inventory BuildOilPrice.comThis is true of grades such as North Sea Forties, and Russian Urals—and in fuels, Atlantic diesel—as refineries seem to be reluctant to take advantage of lower prices and boo …

ReutersHail shale, but deepwater oil fights backReutersAs a result, most new projects are set to be significantly smaller than the traditional field size, averaging 42,000 barrels of oil equivalent per day, compared with 69,000 last year, according to Bern …

ReutersOil rebounds after US inventory figures, Saudi commentsReuters[USD/] Oil tends to move in the opposite direction of the dollar, and has been trading in tandem with risk assets like stocks of late. However, the market recovered after the Saudi oil mi …

ReutersOil slides after US data shows inflation pressure buildingReuters“With yields moving higher on the inflation number, let us see how equities will close the day,” he said, adding U.S. oil inventory data would also be closely watched. The U.S. Energy …

ReutersPhysical oil market sends warning to OPEC: Rout might not be overReutersTraditionally, when oil futures decline, prices in the physical markets tend to rise because crude is becoming cheaper and hence more attractive to refiners. But in recent weeks …

ReutersRising US supply knocks oil prices for a third dayReutersIt's to be expected,” Natixis oil analyst Joel Hancock said. “People are seeing this seasonal weakness in the U.S. as an expectation that perhaps demand growth will be slower,” he said, ad …