Financial TimesMarketsOil on track for weekly lossFinancial TimesOil is on track for a weekly loss, after hitting a more than two-month low on Friday, as investors assessed US oil stocks and global excess inventories of refined products. Supply and demand …
Future tricky for Oil SearchThe AustralianAs the market braces for confirmation today that Oil Search has officially bowed out of the race for InterOil following a higher offer from ExxonMobil, investors in the PNG-focused oil and gas explorer are also lik …
Business InsiderA massive player in the oil industry says the North American market has turned aroundBusiness InsiderAn oil pumpjack works at dawn in the Permian Basin oil field on January 20, 2016 in the oil town of Andrews, Texas. Spencer Platt/Getty. Ha …
CNBCOil charts look like they did last year, but don't freak out, says CitiCNBCOil prices are following a familiar — and potentially troubling — trend that took hold last year, but investors shouldn't fear a 2015-style, second-half price collapse, …
CNBCMore evidence the oil rally may have peaked: KilduffCNBCOther data would seem to support crude oil demand in China. Vehicle sales in China rose 9.8 percent to 2.1 million units in May, the China Association of Automobile Manufacturers said Monday, in t …
Huge oil merger just made Statoil some serious competition in NorwayBusiness Insider NordicThe merger of BP's Norwegian E&P unit and Det norske oljeselskap will create Norway's largest independent oil producer. The combined company Aker BP will …
NBCNews.comOil Is Set To Rally Beyond $50OilPrice.comOil prices closed and opened above $50 per barrel this week, the first time that has happened in 2016. The highest supply outages in years have rapidly shrunk the global surplus, providing bullish moment …
CNBCOil prices are heading back down toward $40. Here's when: AnalystCNBCOil prices are likely to fall toward $40 a barrel as China's crude imports hit an inevitable ceiling, according to Matt Smith, director of commodity research at ClipperData. O …
CNBCOil prices heading toward $40. Here's when: AnalystCNBCOil prices are likely to fall toward $40 a barrel as China's crude imports hit an inevitable ceiling, according to Matt Smith, director of commodity research at ClipperData. Oil futures hav …
MarketWatchOil prices trade choppy , but set to gain over 3% for the weekMarketWatchOil prices rose earlier this week after the Energy Information Administration reported U.S. crude stocks fell 3.2 million barrels in the week ended June 3. While total volu …