NEW YORK (Bloomberg) -- Crude fell the most in 10 weeks as the number of rigs drilling for oil in the U.S. climbed and the U.S. dollar strengthened against its peers. Futures tumbled 3% in N.........
see more >>SINGAPORE (Bloomberg) -- Trafigura Group has joined other leading energy trading houses in saying oil demand is growing strongly this year, suggesting that OPECs cheap oil strategy is spurri.........
see more >>TEHRAN (Bloomberg) -- Oils recovery from a 12-year low may be too good to last as Iranian output rebounds faster than expected. OPEC last week stuck to its policy of unfettered production, d.........
see more >>VIENNA (Bloomberg) -- OPEC will stick to its policy of unfettered oil production after members failed to agree on a new output ceiling. Crude extended its decline in London. The meeting didn.........
see more >>NEW YORK (Bloomberg) -- Oil pared declines following a report that OPEC may consider a new production ceiling at Thursdays meeting. Futures rebounded after Reuters cited four sources as sayi.........
see more >>RIO DE JANEIRO -- Petrobras has annouced the resignation of Aldemir Bendine from Petrobras board member and CEO positions. In light of the resignation presented, the board of directors held .........
see more >>NEW YORK (Bloomberg) -- The oil market doomsayers are beginning to capitulate. Speculators reduced bets on falling prices to the lowest level in 11 months as oil briefly breached $50/bbl on .........
see more >>VIENNA, Austria (Bloomberg) -- OPEC members gathering in Vienna June 2 are expected to go along with a Saudi Arabia-led policy focused on squeezing out rivals amid signs the strategy is work.........
see more >>NEW YORK and LONDON (Bloomberg) -- For the oil industry, $50/bbl is a nice start. The big question is what comes next. Crude prices in New York and London briefly breached that long-anticipa.........
see more >>NEW YORK (Bloomberg) -- Oil rose to the highest level in more than seven months in New York, after a government report showed that U.S. crude inventories and production declined, easing a gl.........
see more >>BEIJING (Bloomberg) -- In late February, the tanker Jag Lok loaded oil from Equatorial Guinea in western Africa and set sail for the Chinese port of Qingdao, the gateway to the worlds newest.........
see more >>VIENNA, Austria (Bloomberg) -- After failing to reach an accord on oil supply in Doha last month, OPEC is poised to go another meeting with no agreement on how much crude to produce. All but.........
see more >>PARIS (Bloomberg) -- Total and Oil Search will divide the Papua New Guinea assets of InterOil Corp. in a two-step deal as global energy companies seek to expand the Pacific nations LNG expor.........
see more >>MELBOURNE, Australia (Bloomberg) -- Oil prices are yet to reflect all of the millions of barrels of crude lost to supply disruptions, according to Australia New Zealand Banking Group Ltd. Al.........
see more >>NEW YORK (Bloomberg) -- Oil extended its decline for a second day as U.S. crude stockpiles unexpectedly increased, keeping supplies at the most in more than eight decades. Futures slid as mu.........
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