ReutersOil rebounds, as OPEC talks up cutting supply into 2018ReutersThe Organization of the Petroleum Exporting Countries and non-OPEC producers, such as Russia, decided late last year on an output cut of 1.8 million barrels per day (bpd) to reduce global …

Reuters UKSaudi Aramco to boost oil loading capacity with reopened terminalReuters UKBringing Muajjiz terminal online next year would boost the kingdom's total oil handling capacity to 15 million barrels per day (bpd) from 11.5 million bpd currently, M …

ABC OnlineAWB ex-chairman Trevor Flugge fined 50k over Iraq food-for-oil scandalABC OnlineFormer Australian Wheat Board (AWB) chairman Trevor Flugge has been fined $50,000 and banned from a managing a corporation for five years over the food-for-oil scanda …

The U.S. Rig Count Is An Over-Rated Indicator Of Future Oil PricesOilPrice.comThe number of U.S. rigs drilling for oil only became widely publicized after the light tight oil (LTO) revolution which put over 4 million b/d of new production on stream in the …

ABC OnlineTasmanian community steps up to help Iranian student chase engineering dreamABC OnlineAn Iranian woman has moved to Australia with the help of the Tasmanian community to pursue her career after constant knockbacks in her home country. Fatima Hoss …

MarketWatchOil moves higher, but remains under $50-a-barrelMarketWatchInvestors have been particularly bullish on the outlook for oil prices since the Organization of the Petroleum Exporting Countries, along with producers outside the cartel including Russ …

ReutersTrillion-dollar question looms as Aramco audits oil reservesReutersFor nearly 30 years - despite rising production, wild swings in oil prices and improved technology - Riyadh has annually reported the same number for reserves of 261 billion barrels, …

Financial TimesSingapore carbon tax set to squeeze oil groupsFinancial TimesThe proposed tax is the latest indication that countries in Asia, the world's biggest oil market, are moving to curb greenhouse gas emissions. China, the world's biggest em …

Arab NewsRosneft Signs Libya Oil Deal as More Investors Return to CountryBloombergRosneft PJSC signed investment and crude-purchasing agreements with Libya's National Oil Corp. as more international companies return to the North African country to gain …

MarketWatchOil prices rise as investors increase their bullish betsMarketWatchLast week, hedge funds and other big money managers increased their net long position — a bet on rising prices — in Brent crude oil to the highest level since records started in …