ReutersOil approaches 2015 highs on fewer US rigs, OPECReuters“The U.S. oil price is now into a range that is anticipated to attract increased shale oil production,” said Ric Spooner, chief market analyst at CMC Markets in Sydney. “Traders may decide that …

ReutersOil hits highest since mid-2015 but settles down as outages abateReutersFILE PHOTO: A view shows the French oil giant Total refinery in Donges, France, November 21, 2017. REUTERS/Stephane Mahe. “Despite the day's price weakness, both Brent and W …

FuturismVenezuela Set to Launch Its Own Oil-Backed CryptocurrencyFuturismBeyond oil, the crypto will additionally be backed by Venezuela's oil, gas, gold, and diamond reserves. While the move has been referred to as a “hail mary” stunt by some, the cou …

KXAN.comOil prices expected to keep rising in 2018, but it could be a rocky rideFox BusinessOil prices are likely to continue climbing in 2018 on the back of OPEC-led production cuts and a growing global economy, industry executives and analysts say. But a …

ReutersUS crude ends year above $60 on strong global oil demandReutersEarlier this year, oil prices slumped on concerns that rising crude production from Nigeria, Libya and elsewhere would undermine output cuts led by the Organization of the Petroleum Expo …

ReutersU.S. crude ends year above $60 on strong global oil demand - ReutersReutersU.S. oil prices closed above $60 a barrel on the final trading day of the year, the first time since mid-2015, as the commodity ended 2017 with a 12 percent gain spurred by s …

Seeking AlphaCrude Oil And The $60 HandleSeeking AlphaMeanwhile, the June 21 price that caused bearish sentiment in the oil market to reach a crescendo turned out to be the low for 2017. When the price moved back to $50 per barrel, only a handful of market …

ReutersOil prices stay near high on strong U.S. refinery runs, China dataReutersOil prices edged up on Thursday, remaining near 2-1/2-year highs after data showed strong demand for crude imports in China and on increased U.S. refining activity that drew mo …

ReutersOil inches higher ahead of Christmas holiday weekendReutersOil prices have recovered in the past year on the back of oil production cuts by OPEC, Russia and other producers, helping reduce the global inventory overhang. Russian Energy Minister Alexa …

ReutersOil eases from highs but OPEC cuts still support market - ReutersReutersOil prices dipped on Friday in light volumes but stayed near their highest levels since 2015 on pledges from OPEC leader Saudi Arabia and non-OPEC Russia that any exit from crud …