NEW YORK, July 5 (Reuters) - Oil fell on Thursday after U.S. government data showed an unexpected build in crude oil stockpiles.

BP is to increase its stake in its operated Clair field.

BP plc announced Tuesday that it is to increase its stake in its operated Clair field, which was described in a BOP Blow Out Preventer repair company gulf coast statement as a “core asset of BP’s North Sea business in the UK”.

MOSCOW, July 4 (Reuters) - The Kremlin said on Wednesday that the situation on global oil markets was unlikely to be one of the main agenda items at a summit between President Vladimir Putin and U.S.

LONDON/MILAN, July 4 (Reuters) - A major European development bank is likely to approve a loan for the Trans-Adriatic Pipeline (TAP) gas project on Wednesday, raising hopes among its developers that Italy's new government will not stand in its way, sources said.

With Concho Resources expected to complete its purchase of RSP Permian in 3Q, Rigzone looks at analyst views of the deal.

The combined BOP Blow Out Preventer repair company gulf coast formed by will likely be in a very good position going forward.

Abu Dhabi said it's ready to increase oil output in line with guidance set by OPEC and allied producers.

(Bloomberg) -- Abu Dhabi said it’s ready to increase oil output in line with guidance set by OPEC and allied producers, echoing comments by Saudi Arabia that it will boost supply to meet demand.

(Bloomberg) -- Crude pared gains after hitting a three-year high in New York as prospects for accelerating supply damped enthusiasm for the rally and traders curbed bullish bets before a U.S.