Oil higher on supply worriesMarketWatchOil futures traded higher on Monday, extending the recent uptrend for the U.S. and international contracts as the threat of disruptions to supply gave crude values a lift. Investors also await guidance from a Joint Te …

Oil Inventories Bolster PricesSeeking AlphaAPI numbers are bullish. EIA weekly data pushed NYMEX crude oil over $70. EIA says that next year the rate of growth in U.S. production will slow. A challenge of the highs is coming. Iran is the most bullish facto …

Wall Street JournalIraq to Cap Oil Output If Other Producers Follow SuitWall Street JournalIraq is ready to commit to freezing its oil production at January levels if OPEC members and producers outside the group follow suit, Oil Ministry spokesman Asim Jih …