Oil Prices Rise As The US Rig Count FallsOilPrice.comThe number of active oil rigs in the United States fell this week by 1 rig as drillers in the United States proceed more cautiously than earlier in the year. Combined, the total oil and gas rig count in …

ReutersGlobal refiners brace themselves as China cements its oil market dominanceReutersSINGAPORE/BEIJING (Reuters) - China is on pace to overtake the United States as the world's biggest oil importer this year, cementing its status as Asia's most …

JalopnikWhy Expensive Oil Is A Waste Of MoneyJalopnikBlackstone Labs analyzes the contents of used motor oil to check how well engines wear over time. Earlier this month, the lab used its vast database of used oil analyses to study whether certain oil bran …

Financial Times'Big Oil' fights backFinancial TimesConventional oil and gas producers are approving new projects at the fastest rate since the oil price crash three years ago in a sign of “big oil” fighting back against competition from US shale pr …

ReutersUAE buys first US oil cargo to replace Qatar condensate: sourcesReutersSINGAPORE (Reuters) - The United Arab Emirates will import the country's first oil cargo from the United States, two sources familiar with the matter said, as the OPEC produc …

ReutersIndia buys first ever US crude oil, to step up purchasesReutersNEW DELHI/SINGAPORE India, the world's third-largest oil importer, will import crude oil from the United States for the first time after Indian Oil Corp bought a cargo that will be d …

ReutersSaudi Arabia tightens its grip on Japan, its biggest Asian oil marketReutersMiddle East crude sellers consider Japan, the world's fourth-largest oil importer, a premium market since its refiners will pay more to secure supply than other Asian bu …

Asia falls further behind US, Europe in financial oil tradingReutersSINGAPORE, June 29 Asia is dropping further behind the United States and Europe in financial oil trading despite being the world's biggest fuel-consuming region, exposing refiners from …

ReutersLooming Chinese refinery cuts to hit oil demandReutersMajor Chinese oil refineries, including PetroChina's Jinzhou will set their run rates around 6,500 barrels per day (bpd) lower than the second quarter, sources at the affected refineries said …

ReutersOPEC oil cut extension renews Asia's crude supply worriesReutersSINGAPORE The OPEC-led decision to extend a production cut to March 2018 disappointed financial investors, prompting an exit from oil futures markets, while refiners in Asia were mo …