Bloomberg The promise of production cuts from OPEC and its partners sent oil rallying in 2016. Now traders want proof they’re delivering on those vows. It won’t come easy. The challenge: Building a coherent picture from the morass of data that emerges at each step along the process, from the wellheads where the oil is produced, to the tankers …

  Bloomberg Colder-than-normal weather in Europe may this month bring snow to the region’s pistes and increase energy demand and prices. High pressure will keep temperatures below normal levels, particularly in eastern Europe, according to seven forecasters surveyed by Bloomberg News. Europe’s popular ski resorts in the Alps will have “significant” snowfall after a drought in December, according to Tyler …

  Bloomberg Statoil ASA, one of many international oil companies to slash spending during crude’s collapse, is increasing exploration for the first time since 2013 as cost cuts and lower fees from squeezed suppliers allow it to get more work done for less. Statoil plans about 30 exploration wells as an operator or partner in 2017, up from 23 last …