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UPDATE 5-Oil prices slide, supply overhang in focus

*Focus shifting to Fed testimony, IEA, EIA and OPEC data. *Iran says European buyers agreed to lift its crude. Global benchmark Brent futures were down 68 cents at $33.38 at 1212 GMT, while U.S. crude futures lost 81 cents to $30.08.
Source: Reuters | By: Ahmad Ghaddar
UPDATE 4-Crude oil slips as Saudi, Venezuela meeting yields little

*Focus shifting to Fed testimony, IEA, EIA and OPEC data. LONDON, Feb 8- Crude oil prices eased in thin trade on Monday as a meeting between OPEC producers Saudi Arabia and Venezuela showed little indication that steps would be taken to boost prices. Saudi Arabia's oil minister Ali al-Naimi discussed cooperation between members of the Organization of the...
Source: Reuters | By: Ahmad Ghaddar
UPDATE 7-Oil gains after Russia says open to talking with OPEC

LONDON, Feb 3- Oil rose on Wednesday, paring earlier losses after Russia reiterated its openness to talking with OPEC about output cuts, which helped revive hope among investors that the world's largest producers could act to boost prices. Russian Foreign Minister Sergei Lavrov said if there is consensus among the Organization of the Petroleum Exporting...
Source: Reuters | By: Amanda Cooper
UPDATE 6-Oil rises after Russia says open to OPEC meeting

LONDON, Feb 3- Oil rose on Wednesday, paring earlier losses after fresh comments from Russia about its openness to talk with OPEC over output cuts helped revive hope among investors that the world's largest producers could act to boost prices. Russian Foreign Minister Sergei Lavrov said if there is consensus among the Organization of the Petroleum Exporting...
Source: Reuters | By: Amanda Cooper
UPDATE 10-Oil jumps after Russia dangles prospect of OPEC cooperation

*Russian govt, producers discuss possible coordination with OPEC. NEW YORK, Jan 27- Oil futures surged on Wednesday, after Russia said it was discussing the possibility of co-operation with OPEC, fanning hopes that a deal was in the works to reduce oversupply that sent prices the lowest levels in a dozen years last week. Top non- OPEC producer, Russia has in the past...
Source: Reuters | By: Devika Krishna Kumar
UPDATE 9-Oil soars 5 pct on output talks, spike in U.S. fuel demand

NEW YORK, Jan 27- Oil futures surged 5 percent on Wednesday, after Russia said co-operation with major oil producers was discussed and U.S. data showed a surprise spike in demand for products such as heating oil last week, when a massive blizzard hit the country. Russia's energy ministry said possible coordination between Russia and the Organization of the...
Source: Reuters
UPDATE 8-Oil rallies after U.S. data shows spike in product demand

LONDON, Jan 27- Oil futures rallied back above $32 a barrel on Wednesday, after U.S. data showed a jump in weekly demand for products such as heating oil when a cold front hit the country, although analysts said the rise in prices may not last long. "The draw in distillate stocks is bullish, but we know there was cold weather in the United States in the last week, so I would...
Source: Reuters | By: Amanda Cooper
Oil settles at $32.30, up 21% from recent closing low

Oil surged on Wednesday as Russia said it was discussing the possibility of co-operating with OPEC, raising hopes they would act to reduce oversupply.
Source: Reuters
Oil sheds gains after big inventory build

Crude oil futures pared gains in late trading Tuesday, after The Wall Street Journal reported inventory had a larger-than usual weekly build.
Source: Reuters
Oil ends massive slide with 9% pop

Crude oil posted its biggest one-day gain since August 27.
Source: Reuters