published Sep 7th 2016, 6:01 pm, by Javier Blas (Bloomberg) — The largest oil traders are anticipating little relief to what has become the worst market slump in a generation. All but one of 15 senior oil traders and executives interviewed this week at the annual Asia-Pacific Petroleum Conference in

©2015 Bloomberg News NZVO156KLVR4 (Bloomberg) — In 2015, the fracking outfits that dot America’s oil-rich plains threw everything they had at $50-a- barrel crude. To cope with the 50 percent price plunge, they laid off thousands of roughnecks, focused their rigs on the biggest gushers only and used cutting-edge technology

©2015 Bloomberg News NZ6AHO6JTSEB (Bloomberg) — Oil headed for the biggest weekly decline since March amid speculation OPEC’s decision to effectively scrap production targets will keep the market oversupplied. Futures fell as much as 0.9 percent in New York and have dropped 8.8 percent this week. Prices are down for

©2015 Bloomberg News NYEGX16JIJUR (Bloomberg) — Oil held gains after rising for a third day on signs the pace of drilling is slowing in the U.S. amid a global oversupply. Futures were little changed in New York after advancing 0.4 percent Wednesday. The number of rigs targeting oil fell by 9

©2015 Bloomberg News NT1WIG6TTDS0 (For Bloomberg fair value curves, see CFVL ) (Bloomberg) — Oil headed for the longest run of weekly declines since January amid signs the global glut that’s driven prices to the lowest in six years will be prolonged. Futures were little changed in New York, down

©2015 Bloomberg News NSJY7H6KLVR9 (Bloomberg) — Oil in London traded near $50 a barrel after reaching a six-month low amid speculation Iranian supplies will exacerbate a global surplus as demand from the U.S. to China slows. Brent futures gained 1.7 percent, paring a 5.2 percent fall on Monday that brought

©2015 Bloomberg News NS65YW6K50Y5 (Bloomberg) — Oil extended declines in a bear market amid signs producers from the Middle East to the U.S. will continue adding supplies amid a global glut. Futures slid as much as 1 percent in New York, dropping for a fifth day. Oil exports from southern

©2015 Bloomberg News NP1G6B6K50Y0 (Bloomberg) — Oil pared its biggest three-day decline since March before U.S. government data forecast to show crude stockpiles shrank for a fourth week. Futures gained as much as 0.6 percent in New York. Crude inventories probably dropped by 2 million barrels through May 22, a

©2015 Bloomberg News NNJOEC6K50XY (For more on oil, click EXT5 ) (Bloomberg) — Oil fell for the third time in four days before U.S. government data forecast to show crude stockpiles expanded further from a record. Futures dropped as much as 0.5 percent in New York. Crude inventories probably increased by