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Oil extends gains as dollar and U.S. stocks fall

By Edmund BlairLONDON (Reuters) - Oil prices rose for a second day on Thursday, supported by U.S. data showing crude inventories had dipped after...

Saudi Aramco oil product shipments to Egypt will resume 'very shortly'...

CAIRO (Reuters) - Saudi Aramco oil product shipments to Egypt will resume very shortly, an Egyptian Petroleum Ministry official told Reuters on Wednesday."Very shortly...

Oil touches three-month lows as U.S. supply swells

By Jessica Resnick-AultNEW YORK (Reuters) - Oil hovered around three-month lows on Monday, as rising inventories and drilling activity in the United States, the...

Oil down for a third day as glut worries persist

By David GaffenNEW YORK (Reuters) - Oil prices fell for a third day on Friday, extending a selloff on heightened worries that OPEC-led production...

Oil prices extend falls as U.S. crude stocks drag

By Christopher JohnsonLONDON (Reuters) - Oil prices fell on Thursday, extending the biggest falls this year as record U.S. crude inventories kept sentiment weak,...

Titans of oil world meet in Houston after two-year price war

By Ernest ScheyderHOUSTON (Reuters) - The biggest names in the oil world come together this week for the largest industry gathering since the end...

Oil rises as OPEC sticks to output pledges

By Amanda CooperLONDON (Reuters) - Oil reversed earlier losses on Wednesday as investors took heart from strict OPEC compliance with its pledge to cut...

Unit of L&T wins $165 million contract from Indian Oil Corp

NEW DELHI (Reuters) - A unit of engineering conglomerate Larsen & Toubro has won an onshore engineering, procurement and construction (EPC) contract from Indian...

OPEC aims for higher compliance, sees 2017 stock fall

LONDON (Reuters) - OPEC countries are aiming to boost compliance with agreed oil output curbs further from January's high levels in a bid to...

Exclusive: OPEC figures show over 90 pct compliance with supply cut...

By Rania El Gamal and Alex LawlerDUBAI/LONDON (Reuters) - OPEC has delivered more than 90 percent of pledged oil output curbs in January, according...

U.S. Republicans kill energy sector disclosure, emissions rules

By Lisa Lambert and Sarah N. LynchWASHINGTON (Reuters) - U.S. Republicans on Friday repealed a securities disclosure rule aimed at curbing corruption at oil,...

Butadiene prices hit 56-month high

(By Wikimedia Commons) TAIPEI (Taiwan News) -- The price of butadiene, the main raw material in synthetic rubber, reached a 56-month high at US$3,070 per...

CORRECTED-India's 2016 Iran oil imports hit record high – trade

(Corrects 4th paragraph in story from Jan 13 to say that India's Dec imports from Iran more than doubled from a year...

Anadarko posts smaller quarterly loss

Oil and gas producer Anadarko Petroleum Corp reported a smaller fourth-quarter loss than a year ago, when it recorded one-time charges totaling...