Oil and Gas

China data boosts world stocks, commodities as oil jumps

World stocks and commodities rose Monday, boosted by upbeat Chinese data, while U.S. oil futures jumped to a near six-month…

Why Kurdish oil is a wild card for markets

If Iraq’s Kurdish territory were a country, it would probably qualify for OPEC membership. It wouldn’t even be the smallest member,…

Oil prices up $57.8 on fears of new Iran sanctions, Iraq conflict

Oil markets jumped Monday on concerns over potential renewed U.S. sanctions against Iran as well as conflict in Iraq. An…

Saudis to make deepest cut to crude supply amid strong demand

Saudi Aramco plans to make “the deepest customer allocation cuts in its history” in oil supplies in November to help…

OPEC meets to see over need for oil cuts extension as Nigeria considers output cap soon

OPEC and its allies indicated that they’ll wait a bit longer to see if further action is required in their…

Can oil prices hit $60 in 2018?

By Nick Cunningham     With Brent oil prices hovering right around $55 per barrel—the highest level in months—the oil…

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