ReutersOil rallies on Chinese import boost and Mideast tensionsReutersChinese oil imports hit 9 million barrels per day (bpd) in September, data showed on Friday. Imports averaged 8.5 million bpd between January and September, solidifying China's posit …

ReutersOil rises as lower US production, inventories point to tighter marketReutersWith the Organization of the Petroleum Exporting Countries (OPEC) leading a production cut, analysts said that global oil markets were now broadly balanced after years of ov …

ReutersOil edges up as lower US production, inventories point to tighter marketReuters“The rebalancing of the oil market has made significant progress over this time, although there is still some way to go to get back to the five-year average,” said Willia …

Oil prices fall on higher US crude inventoriesReutersBrent crude oil LCOc1 was down 55 cents at $56.39 a barrel by 1230 GMT. U.S. light crude CLc1 was 70 cents lower at $50.60. Both benchmarks have risen more than 20 percent from their lows in June as worl …

ReutersOil slips despite expected OPEC extension of output cutsReutersThe OPEC-led deal helped lift oil from the $30 to $40 per barrel range in late 2016/early 2017. But traders say supplies remain ample despite these cuts, thanks in large part to surging …

ReutersOil prices slip despite expected OPEC extension of output cutsReutersThe OPEC-led deal helped lift oil from the $30 to $40 per barrel range in late 2016/early 2017. But traders say supplies remain ample despite these cuts, thanks in large part to su …

ReutersOil drops on rising US crude inventories, OPEC seen to extend cutsReutersIn Venezuela, an OPEC-member with huge oil reserves, an economic and political crisis is threatening production, and the government is also at loggerheads with the Trump admini …

Reuters.comOil prices drop on rising US crude inventoriesReuters.comThe OPEC-led deal has helped lift oil from the $30-$40 per barrel range in late 2016/early 2017, but analysts say that supplies remain ample despite these cuts, thanks in large part to sur …

Reuters.comOil rises on signs of tighter market, but 2018 looks more uncertainReuters.comDespite this, Barclays said oil could dip again in 2018, with second-quarter 2018 Brent likely to fall back to $48 a barrel, thanks largely to rising global output. A …

Danish firm partners Epsilon to provide oil spill equipmentThe ObserverUgandan waste management firm Epsilon has partnered with Danish giants Desmi to provide oil-spill response services to Uganda's nascent oil sector. Under the partnership, the compan …