Traders said prices were mostly driven up by uncertainty around oil exports by Libya.
Read More »Oil Markets Tense amid Outages. OPEC Policy and Trade Rows
US West Texas Intermediate crude futures was 35 cents higher at $68.43 a barrel.
Read More »Brent Oil Drops 2 Percent in Asia
Brent is flashing red in Asia. possibly because traders expect output to rise. courtesy of OPEC deal.
Read More »Oil Falls despite OPEC`s Output Rise. Markets Remain Tight
In the United States. U.S. energy companies last week cut one oil rig. the first reduction in 12 weeks.
Read More »America First vs. Energy Dominance
A trade war is not good for the U.S. oil and gas sector.
Read More »Kazakhstan will not Increase Oil Production at Kashagan This Year
Kazakhstan encourages OPEC'.s decision to increase oil production by 1 mln barrels per day within OPEC+ deal.
Read More »Aramco has 2 Million Barrels Per Day of Spare Capacity
Aramco is currently producing 10 million barrels per day (mbpd) and has the ability to produce 12 mbpd. Amin Nasser. chief executive of Saudi Aramco. said in New Delhi.
Read More »Novak Says a Crude Output Deal for 2019 is already Being Planned
Russia plans to increase its output by 200.000 barrels per day as part of Saturday’s deal.
Read More »World Sees Little Extra Oil if OPEC. Partners Stick to Deal
Iran had demanded OPEC reject calls from U.S. President Donald Trump for an increase in oil supply.
Read More »India and China Set To Form ‘Oil Buyers Club’
India is concerned that the rallying oil prices are hurting its economy.
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