Bloomberg Donald Trump and global crude producers are set to take prices on a bumpy ride this year, according to the world’s biggest independent oil trader. As investors are kept on tenterhooks over US policies and whether OPEC and other nations will curb output as pledged, global benchmark Brent crude may vacillate between $52 and $62 a barrel, according …

  Bloomberg Oil’s advance to near $54 a barrel amid increased tensions between Iran and the US eased after American drillers expanded the rig count to the highest level since October 2015. Futures rose 0.4 percent in New York after last week capping a third weekly gain. Prices climbed as much as 1.3 percent on Friday after Donald Trump’s administration …

  LONDON / Reuters Swiss-based commodities giant Glencore has extended a deal with Libya’s state oil firm to be the sole marketer of one third of the country’s current crude oil production, sources familiar with the matter said. It was not clear for how long Glencore would continue to have exclusivity over the output and whether some parts of the …