News Highlights: Top Energy News of the Day

Features Dow Jones Newswires

Oil Edges Up Ahead of U.S. Stocks Data

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Oil prices recovered slightly after a weeklong rally fizzed overnight on fresh data that showed U.S. production would continue to trend higher this year.

Trump Administration Again Certifies Iran Is Complying With Nuclear Deal

The Trump administration said it notified Congress that Iran is complying with the international nuclear deal reached two years ago, but the fate of the agreement remains uncertain as it is still under review.

Oil Falls as Oversupply Concerns Persist

Oil prices reversed gains on Monday, as investors weighed signs of strong demand against a global glut that's proven difficult to reduce.

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From $2 Billion to Zero: A Fund Goes Bust in the Oil Patch

A $2 billion private-equity fund that borrowed heavily to buy oil and gas wells before energy prices plunged is now worth essentially nothing.

U.S. Oil Rig Count Rises by Two

The number of rigs drilling for oil in the U.S. rose by two in the past week to 765. The nation's gas-rig count fell by two to 187 in the same period.

U.S. Boost to Oil Drilling Will Barely Dent Russia's Energy Monolith

President Donald Trump is touting policies to boost U.S. energy production and exports as a bulwark against Russia, but experts say they would have limited impact on Russia as a major energy provider.

U.S. Calls on Feuding Arab Nations to Meet to End Dispute

Secretary of State Rex Tillerson called on Qatar and four other Arab nations to meet directly to end a feud between these crucial U.S. allies.

As Aramco Listing Looms, U.K. Regulator Mulls Rule Change

The U.K. securities regulator is considering making it easier for state-owned companies to list on the London Stock Exchange, potentially giving it an edge in its battle with the New York Stock Exchange to woo Saudi Aramco.

Tidewater Restructuring Plan Clears Bankruptcy Court

Tidewater won confirmation of a chapter 11 turnaround plan, streamlining its balance sheet as it strives to preserve its fleet of offshore oil-and-gas-drilling service vessels.

Oil Demand Is Accelerating, IEA Says

Global oil demand is forecast to 98 million barrels a day this year, driven in part by rising consumption in Germany and the U.S. during the second quarter, the International Energy Agency said.

(END) Dow Jones Newswires

July 18, 2017 07:15 ET (11:15 GMT)