published Apr 20th 2016, 7:03 pm, by Stephen Stapczynski (Bloomberg) — Oil traded near $44 a barrel after U.S. crude production slipped to the lowest since October 2014 and Iraq said producers plan a new push to agree on an output freeze in talks as early as next month. Futures

published Apr 12th 2016, 4:01 pm, by Ilya Arkhipov, Stephen Bierman and Elena Mazneva (Bloomberg) — Russia sees a deal on freezing oil output as possible regardless of Iran’s stance. “There is hope,” Dmitry Peskov, the Kremlin’s press secretary, said following the latest conversation between Russian Energy Minister Alexander Novak

published Apr 5th 2016, 7:58 pm, by Ben Sharples (Bloomberg) — Oil extended gains for a second day after Kuwait said a deal to freeze output can be reached without Iran and U.S. industry data showed crude stockpiles declined. Futures rose as much as 2.7 percent in New York after

©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 NQ24D46JIJUU (Bloomberg) — Oil advanced for the first time in four days amid speculation that U.S. crude stockpiles will decline further, easing a supply surplus. Inventories probably shrank for a seventh week as refiners processed more crude to meet increased fuel consumption in the summer, according to

©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