Saudi Arabia threatened to raise oil output steeply to bring prices down if Tehran refuses to limit its supply, OPEC sources say. Read full story › Source:: CNBC energy       

Crude oil prices rose as a weaker U.S. dollar buoyed sentiment in the market, lifting prices from five-week lows. Read full story › Source:: CNBC energy       

U.S. crude oil stocks rose a record 14.42 million barrels last week after imports rebounded sharply while gasoline and distillate stocks declined according to Energy Information Administration EIA Read full story › Source:: Oil Voice       

By hellenicshippingnews Oil prices could be heading lower as OPEC dithers, the election raises fears and traders stand on the sidelines. OPEC will dictate where oil prices head for the remainder of the year and into 2017 and the organization's failure to come to an agreement at its recent Vienna meeting is telling – the […]