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Oil Up 2% Despite US Crude Build; Set For Best 3Q Since 2004

Oil prices settled up 2% despite a rise in US crude inventories.
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Russia's Lukoil Eyes Decade Of Oil Output Growth

Lukoil expects its output to rise over the next 8-10 years as it brings new fields onstream, vice president and co-owner Leonid Fedun says.
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WoodMac: LNG Growth To Propel Oil And Gas Industry's Carbon Emissions

LNG will be the biggest source of carbon emission growth for the world's top oil and gas companies by 2025, according to a new study by Wood Mackenzie.
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Petrobras CEO Says Transfer Of Rights Talks Still Ongoing

It is unclear when talks will conclude with the government on a revaluation of stakes in offshore oil blocks known as 'Transfer of Rights' areas, a Petrobras executive says.
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Robust Asia Demand Drives ME, Russia Crude Premiums To Multi-Month Highs

Spot premiums for Middle East and Russian crude loading in November and December have hit multi-month highs.
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OPEC Has Success at Last, But Oil Revival May Be Short-Lived

When OPEC and its allies gather this week, they'll have the best evidence yet that their efforts to clear a global oil glut are succeeding. It may prove short-lived.
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EIA: US Crude Inventories Up Again, Gasoline, Diesel Stocks Down

US crude oil stockpiles jumped last week as imports and production increased, while distillate inventories fell the most in nearly six years and gasoline inventories also declined.
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Advanced Communication Crucial to Quashing Protesters

Armed with scare tactics and social media, professional pipeline protesters are requiring the energy industry to use advanced communication to silence their claims.
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Dominican Republic Shuts Most Ports Ahead Of Hurricane Maria

Dominican Republic closed most of its ports ahead of Hurricane Maria, the government says.
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Glencore Strikes Multi-Year Purchase Deal With Angola LNG

Glencore is to buy LNG supplies from Angola LNG over a multi-year period.
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Anadarko To Spend $2.5B On Massive Share Buyback

Anadarko says it would spend $2.5 billion to buy back its own stock.
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BP Restores Power At Thunder Horse Platform After Outage

BP restores power at its Thunder Horse platform in the US Gulf of Mexico.
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Two Big Words Show Why US Oil May Finally Be Turning a Corner

Oil futures in New York have been stuck in glut mode, but that may be starting to change.
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Protesting Pipelines Is Becoming A Growing 'Industry'

Protesting pipelines is becoming a growing 'industry' fueled by scare tactics and social media.
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Russia's Sistema Appeals Against Court Decision To Pay Rosneft

Sistema says it had appealed against a court ruling that it should pay damages to Rosneft.
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Lebanon Passes Oil Tax Law Ahead of First Energy-Rights Auction

Lebanon's parliament approved a law to tax revenue from oil operations, weeks before its first sale of offshore energy exploration rights.
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Kemp: US Natural Gas Prices Rise As Winter Stocks Look Tight

US natural gas stocks look somewhat tight after low prices this summer worked off the excess stocks that built up in the first half of the year.
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Dana Fight With BlackRock to Start Despite UAE Court Order

A London lawsuit over $700 million in Shariah-compliant bonds issued by Dana Gas PJSC will go ahead despite a last-minute United Arab Emirates court order.
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Oil Edges Off Recent High Ahead US Stock Data, OPEC Meet

Oil prices ended lower, retreating from near five-month highs.
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Iraq Says OPEC Mulls Deeper, Longer Oil Cuts to End-2018

Iraq and other oil producers taking part in global output cuts think they should reduce supply by an additional 1% to help re-balance the market, according to Jabbar al-Luaibi.
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