The Hill (blog)Saudi shakeup: New prince will try to transform the oil kingdomThe Hill (blog)For decades, the pace of change in Saudi Arabia was practically geologic. During Organization of the Petroleum Exporting Countries (OPEC) meetings, desperate repor …

CNBCOil market likely to move into balance by Q1 2018, says Russia energy ministerCNBCThe oil market is likely to move into balance by the first quarter of 2018 when the global inventory falls to a five-year average, said Russia's energy minister Alexa …

4 Wildly Different Oil Price Scenarios For 2020OilPrice.comAfter the nine-month extension of the OPEC deal, there is a growing consensus that oil might bounce around in the $50s and $60s for the rest of the year. But as we move into 2018 and beyond, there …

Globalnews.caCalgary-based Husky Energy braces for low oil prices with new 5-year planGlobalnews.caHusky Energy (TSX:HSE) released a new five-year plan Tuesday that braces for lower oil prices while forecasting average production to grow by nearly five per …

Is This The "Mystery" Massive Long Supporting The Oil Market?OilPrice.comI have written about the problems of solely using net contracts as a measure of speculative positioning before (Re-evaluating crude oil spec positioning). Increases in open …

CNBCGoldman Sachs lowers oil price projections on potential shale surgeCNBCGoldman Sachs has downgraded its estimations for oil prices for this year, citing a potential rise in shale gas production, new projects and OPEC restrictions. The investment bank n …

The Star OnlineBudget pressure likely to keep Saudis propping up oil priceReutersRIYADH, May 22 Pressure on Saudi Arabia's finances will make it eager to secure a deal on oil output cuts at this week's talks among global producers, even if Riyadh h …

CNNMoneySaudi Arabia: We could live with $40 oil in 2020CNNMoney"We will not really care much whether the price is 40, 45, 50, 55 at that time because we have gone significantly out of our way to be independent of the oil price," Saudi finance mi …

MarketWatchUS oil inventories register shallower-than-expected dropFinancial TimesUS commercial crude oil inventories fell 1.8m barrels from a week ago, less than the 2.4m drop that analysts surveyed by Bloomberg had predicted. Still, the figure remained i …

BNNPenn West reports profit on higher oil prices, asset sales gainsBNNCanadian oil and gas producer Penn West Petroleum Ltd (PWT.TO) reported a quarterly profit, compared to a year-ago loss, helped by an uptick in crude prices and gains from asset sales. T …