ReutersOil prices rise to two-week high on dip in US outputReutersLONDON Oil prices rose to a two-week high on Thursday, extending a rally into a sixth straight session after a decline in weekly U.S. production eased concerns about deepening oversupply. Cr …
ReutersOil up almost 2 percent on weaker dollar, short-coveringReutersIt was the fourth straight session of gains for oil, which also got some support after the chief executive of U.S. shale oil producer Pioneer Natural Resources Co (PXD.N) said Saudi Arab …
ReutersOil prices up 2 percent on weaker dollar, short coveringReutersTim Evans, Citi Futures' energy futures specialist, said in a note that oil's upswing was "a technical correction after the declines of the past five weeks" helped alon …
ReutersOil prices up on weaker dollar, but supply glut caps gainReutersLONDON Oil prices rose for a fourth consecutive session on Tuesday boosted by a weaker dollar but worries over persistent oversupply capped gains. Brent crude futures LCOc1, the interna …
MarketWatchOil rises as bargain hunters snap to attentionMarketWatchThe near-1% decline on Monday largely reflected recent investor concern about the strength of rebounding U.S. oil production, and ebbing faith that the Organization of Petroleum Exporting …
ReutersEast Coast refiners eye Texas oil as North Dakota alternativeReutersBrokers interviewed said bringing U.S. oil via tanker to the East Coast gives refiners access to a variety of crude grades available in Texas, where most U.S. oil ends up now. " …
The Economist (blog)Donald Trump signs a law repealing a disclosure rule for oil companiesThe Economist (blog)The law repealed a Securities and Exchange Commission (SEC) regulation that oil and mining companies should disclose their payments to foreign gov …
Canadian Oil Patch Pays Higher Salaries As Oil RecoversOilPrice.comThe recent recovery and stabilization of oil prices has led to increased business confidence for Canada's oil and gas companies, which expect improved business conditions and project sl …
ReutersAs US shale oil activity surges, sand could be in short supplyReutersThe frac sand industry was among the hardest hit during the oil rout of the past two years, as producers slashed capital budgets and looked to shed – or renegotiate – long-term sup …
ReutersOil settles up; extends gains as API reports US crude drawReutersNEW YORK Oil prices settled up on Tuesday on expectations of OPEC output curbs, then extended gains in post-settlement trade as an industry group's data showed an unexpected draw i …