By hellenicshippingnews.. Oil workers conduct a drill in a petroleum well in Lagunillas at the east coast of Lake Maracaibo near Maracaibo City in Venezuela. Oil prices will remain stuck in a range near $50 a barrel unless one of two global hotspots delivers an October surprise to the market, jolting the cost of crude […]

State-owned Adnoc wants to boost private-sector economy Read full story › Source:: FT.com Oil and Gas       

OPEC and non-OPEC producers have the capacity to extend and deepen their production cuts should the oil market's situation become even more complex, Russia's Oil Minister Alexander Novak told CNBC on Monday. Read full story › Source:: CNBC energy       

CNBC's Jackie DeAngelis reports oil prices are dropping as the Trump administration ramps up the permit process for oil and gas exploration on federal land. Read full story › Source:: CNBC energy