HELENE FOUQUET and MAHER CHMAYTELLI PARIS (Bloomberg) -- Algeria supports Venezuelas call for a summit among heads of state from OPEC and other oil-exporting nations in a bid to lift crude prices, Algerian Foreign Minister Ramtane Lamamra s...

RAKTEEM KATAKEY and MORNING ZHOU LONDON (Bloomberg) -- Oil capped the biggest weekly decline since August as expanding U.S. crude stockpiles exacerbate a global glut. West Texas Intermediate crude fell to a three-week low, widening its disc...

RIO DE JANEIRO -- Production of oil and natural gas from facilities operated by Petrobras in the pre-salt layer exceeded 1 MMboed during September, with output averaging 1.028 MMboed, and reaching a record level of 1.12 MMboed on Sept. 15....

LONDON (Bloomberg) -- Oil fell after a government report showed U.S. crude inventories grew by the most in six months. West Texas Intermediate futures for December delivery declined below $45 for the first time since Oct. 2. Inventories exp...

LONDON (Bloomberg) -- Genel Energy Plc, an oil producer in Iraqi Kurdistan, reduced its output forecast for this year after suffering delays to payments for its exports. null Central processing facility at Taq Taq. Image: Genel Energy. The...

NEW YORK (Bloomberg) -- Hedge funds increased bullish oil wagers on speculation that falling investment will diminish the global supply glut. Money managers boosted their net-long position in West Texas Intermediate crude by 6.6% in the wee...

MARK SHENK WASHINGTON, D.C. (Bloomberg) -- Oil extended losses after the biggest U.S. crude stockpile increase in six months bolstered speculation a global surplus will persist. Inventories climbed 7.56 MMbbl last week, the most since April...

AARON CLARK and STEPHEN STAPCZYNSKI TOKYO (Bloomberg) -- More than $200 billion worth of oil and natural gas assets are for sale globally as companies come under renewed financial pressure from the prolonged commodity price rout, according...

MARK SHENK and GRANT SMITH NEW YORK (Bloomberg) -- Oil dropped the most in three weeks after OPEC reported that its members pumped the most crude in three years. The Organization of Petroleum Exporting Countries produced 31.57 MMbopd last m...

WASHINGTON -- The House of Representatives has voted in favor of lifting 40-year-old restrictions on exporting U.S crude oil. The vote was welcomed by industry groups and representatives, but critics branded it a piece of meaningless politi...