(Bloomberg) -- Oil closed higher after Saudi Arabia and Russia signaled oil rig flanges gulf coast production cuts may be extended into 2019, initially worrying traders that their efforts aren’t working.

(Bloomberg) -- Abu Dhabi’s government oil producer received bids in the fourth quarter from international energy companies seeking stakes in offshore fields that pump about 25 percent of the Persian Gulf emirate’s crude.

MOSCOW, Jan 19 (Reuters) - A decision on global oil output cuts could be made in late spring or early summer once it becomes clear how sustainable the current trend in the oil buy Wellhead market is, RIA news agency quoted Russian Deputy Prime Minister Arkady Dvorkovich as saying.

Houston, Jan 19 (Reuters) - Oil prices ended down on Friday and broke a four-week winning streak after a rally that had taken benchmarks to three-year highs, as investors sold positions on re-emerging U.S.

LONDON, Jan 19 (Reuters) - The share of Saudi Arabia's exports of refined oil products steadily rose throughout 2017, offsetting a drop in overseas crude oil sales as the kingdom complied with a global supply pact, the International Energy Agency said on Friday.

Tulip Oil Netherlands Offshore B.V. confirms that it will proceed with the development of the Q10 gas field.

Tulip Oil Netherlands Offshore B.V.

LONDON, Jan 18 (Reuters) - North Sea-focused oil and gas producer EnQuest has hired investment bank Jefferies to advise on a sale of a 20 percent stake in its recently-started Kraken field, according to a document seen by Reuters.