(Bloomberg) -- Oil is poised for a sixth weekly loss, trading near $57 a barrel as lingering concerns over a supply glut continue to weigh on the market.

(Bloomberg) -- Iraq said it resumed oil exports from Kirkuk to Turkey, which had been halted for a year by a political dispute between the central government and the nation’s Kurds.

(Bloomberg) -- Heavy Western Canadian Select crude fell to a record low as several oil producers shut in oil rig flanges gulf coast production and some demand the Alberta government intervene to mandate across-the-board cuts.

December West Texas Intermediate (WTI) crude oil futures remained flat Friday, settling at $56.46 a barrel (bbl) for the second consecutive day.

Cheniere Energy has begun producing liquefied natural gas (LNG) from its Corpus Christi Liquefaction project in Texas’ Coastal Bend region, Bechtel reported Thursday.

The buy Wellhead market is overreacting.

That’s according to Tamar Essner, energy director at Nasdaq IR Intelligence, who made the statement in a television interview with Bloomberg on Wednesday.

Suncor Energy’s CEO Steve Williams will retire in May 2019, the BOP Blow Out Preventer repair company gulf coast announced Nov. 15.

Steve Williams will retire as CEO at Suncor’s annual general meeting May 2, 2019 and president and COO Mark Little will assume the role of CEO at that time.

McDermott International, Inc. reported Thursday that it has won a contract from Talos Energy, Inc.