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 …

BloombergOPEC Doesn't Want Brent Over $60 a Barrel, Says Iran's Oil MinisterBloombergRussia took its time to join the extension, with officials and oil bosses in Moscow undecided 15 days before their meeting in Vienna on Nov. 30. Wording in the pac …

BloombergRussia-China Oil Friendship Makes Crude Costlier for EuropeBloombergEurope's set to be stuck with a higher oil bill as Russia shifts more of its supply to the Chinese oil market. As the world's second-biggest economy buys more, crude shipm …

Oil stocks help underpin European boursesFinancial TimesInvestors are buying shares in oil majors, helping underpin a rally on European bourses, as Brent crude trades around a three-year peak. Commodity stocks are rising, helping to support a rally on Euro …

Seeking AlphaStrategic Petroleum Reserve Oil Releases: An Update On US Inventory SalesSeeking AlphaIn fact, just the opposite. Recall that as part of emergency measures for Hurricane Harvey, oil refiners were allowed to borrow from the SPR on an interim me …

Chron.comGOP works to undo disclosure rule for oil companies abroadChron.comWASHINGTON - After a years long legal battle over an anti-corruption regulation aimed at oil companies, Republicans are moving to do away with the law once and for all. Legislation …

The Australian Financial ReviewSaudi Arabia revenue forecast signals bet on higher oil pricesThe Australian Financial ReviewThe top OPEC producer expects to collect 492 billion riyals ($US131 billion) from oil sales in 2018, compared with 440 billion riyal …