3 EIA Inventory Data Might Support Oil  Market RealistIn the week ending on December 7, US crude oil inventories were 7% higher than their five-year average—one percentage point more than the previous week. Read more https://marketrealist.com/20 …

Oil's Fall: Bulls Should Be Careful  Market RealistSo far in December, Russia's oil output has reached a record high of 11.42 MMbpd (million barrels per day)—based on a Reuters report. The rise in Russia's oil ... Read more https://marketrealist …

Why Energy ETFs Didn't Match Oil's Gains  Market RealistOn December 6–13, major energy ETFs had the following correlations with US crude oil January futures: the Alerian MLP ETF (AMLP): 68.8%; the Energy Select ... Read more https://marketrealis …

Wall Street Journal (subscription)Oil Prices Fall Further As U.S. Rig Count Inches HigherOilPrice.comThe steady stream of rigs being brought online in the US have dampened much of the optimism OPEC emitted over the last week, as OPEC heavyweights such as S …

MarketWatchOil prices drop, aim for first weekly loss in a monthMarketWatchOil futures fell on Friday, with U.S. prices dropping below $50 a barrel and ready to post their first weekly loss in a month, as recent figures suggest further growth in U.S. crude …

Business InsiderAmerican oil is in a 'sweet spot'Business InsiderBut the price range that it has traded in for several months is proving to be a boon for US oil producers, who took several steps including job cuts to adjust to the lower-price envir …

Nikkei Asian ReviewMalaysian palm oil price sinks to 8-month lowNikkei Asian ReviewTOKYO/HONG KONG -- An expectation of rising palm oil production has pushed down the price of the commodity to an eight-month low. As favorable weather conditions in major ex …

Newark oil recycler fined $90000 for Clean Water Act violationsContra Costa TimesNEWARK -- An oil recycling company will pay a $90,000 fine as part of a settlement for violating federal oil spill prevention rules. Safety-Kleen failed to provide adequate co …

BloombergThe Seven Books You Must Read If You Want to Understand OilBloombergA cardinal reality of "oil" is that the terminology and science are daunting. Petromen from the Colorado School of Mines reach for a cold Coors when they must get margin …