NOLA.comOil price surge from OPEC deal may snuff itself out, IEA warnsNOLA.comIraq will shoulder part of the burden of oil-output cuts, Prime Minister Haider Al-Abadi said Wednesday, reversing the nation's previous insistence for an exemption. The IEA …

SBSPublic could get chance to vote on palm oil labellingNewshubA campaign to have products containing palm oil labelled in supermarkets is going to a Trans-Tasman vote on Friday. The oil is linked to mass deforestation and the destruction of animal habitat …

When oil is no longer in demandThe EconomistSTEWART SPENCE WAS a young hotelier in Aberdeen in 1971 when he first realised what an oil rush meant. His hotel, the Commodore, was the only one in the Scottish city with en-suite bathrooms. One day an American …

Investing.comOil prices edge higher in holiday-thinned tradeInvesting.comInvesting.com - Oil prices edged higher on Thursday as uncertainty over a planned OPEC-led output cut and thin liquidity due to the U.S. Thanksgiving holiday weighed. U.S. crude was a …

RTWhat happens to oil if Trump tears up Iran nuclear dealRTFrom Iran's perspective, the deal also paved the way for a return to international markets, and allowed them to ramp up oil production and exports. All told, Iranian oil exports had dropped fro …

Oil and gas revenue to rise, predicts OBRBBC NewsRevenue from oil and gas tax is expected to rise over the next four years, according to the Office for Budget Responsibility. Documents published with the Autumn Statement forecast a rise in the price of bot …

ReutersRisking flames and mines, Iraq oil workers battle to cap burning wellsReutersQayyara's burning oil fields vividly depict the destruction the group wrought on northern Iraq, as Iraqi forces backed by a U.S.-led coalition battle to drive the jihad …

BloombergWhat Will Lift the World Economy? Goldman Says Higher Oil PricesBloombergHigher oil prices would be a boon for the global economy, according to Goldman Sachs Group Inc. Pricey crude means economies such as Saudi Arabia take in more money than they …

ReutersIraq's oil contracts make joining OPEC output cut more painfulReutersOPEC member Iraq pays developers a fixed dollar-denominated fee for every barrel of oil produced in the south of the country - home to its biggest reserves - under technical se …

Iraqi Qayyara oil keeps burning six weeks after ouster of Islamic StateReutersBAGHDAD Several wells in Iraq's Qayyara oilfield continue to burn six weeks after the U.S.-backed Iraqi forces ousted Islamic State militants from the town as part of their p …