Oil Prices Spike As OPEC Compliance Hits New RecordOilPrice.comOPEC's oil production continues to decline, hitting a one-year low in April. Compliance with the OPEC/non-OPEC deal hit yet another record high because of a 70,000-bpd dip in April, putting …

BloombergOil Surges After Netanyahu Says Iran Had Secret Nuclear Weapon PlanBloombergCrude rallied 5.6 percent this month amid heightened geopolitical tensions and Trump's indications he may scrap the 2015 nuclear deal that eased sanctions against Iran …

BloombergOil Surges After Netanyahu Says Iran Had Secret Nuclear Weapon ...BloombergCrude rose after Israeli intelligence about Iranian nuclear ambitions heightened concern an international accord may unravel. Futures in New York rose 0.7 percent on Monday …

BloombergOil Rises as 'Alarm Bells' Sound Over Unraveling Iran Nuke DealBloombergCrude rallied 5.6 percent this month amid heightened geopolitical tensions and Trump's indications he may scrap the 2015 nuclear deal that eased sanctions against …

A Bull Market In Oil? - Today's Editors' PicksSeeking AlphaThe goal of higher oil prices will go toward accomplishing something that has befuddled market participants for the last 16 months, which is that energy stocks have severely diverged from o …

Oil Traders Forget Fundamentals, Focus On GeopoliticsOilPrice.comU.S. West Texas Intermediate is in a position to post a strong gain this week. The short-term fundamentals continue to be supportive as bullish traders remain concerned over the escalating mi …

BloombergOil Posts Biggest Weekly Gain Since July Amid Global ConflictBloombergCrude posted its largest weekly gain since July as geopolitical tensions threatened to accelerate the tightening of global supplies. Futures rallied for a fifth day to the highe …

US Rig Count Climbs As Oil RalliesOilPrice.comBaker Hughes reported a 5-rig increase to the number of oil and gas rigs this week. The total number of oil and gas rigs now stands at 1008, which is an addition of 161 rigs year over year. The number of oil ri …

BloombergOil Set For Biggest Weekly Gain Since July Amid Global ConflictBloomberg“A long-standing global oil glut is now expected to be vanquished,”' said Stephen Brennock, an analyst at PVM Oil Associates Ltd. in London. The Aramco Accounts: Inside Wo …

Oil Rally Means New Lines Of Credit For Permian PlayersOilPrice.comEnergy players operating in the Permian Basin could soon find that lenders are more willing to loan them cash, as the recent oil rally breathes new optimism into an industry that took a bea …