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Oil braces for Trump ban fallout

  Bloomberg Oil-services giant Halliburton Co. told employees to stay put. Another global oil company is reconsidering whether to place a crude trader in Houston. And universities that train energy workers across the country estimated that hundreds of students may be affected. Of all the energy sectors that may feel the pain of President Donald Trump’s order to temporarily ban ...

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US set to rescind payments rule in crude sector

  Bloomberg For years the oil industry has appealed to the executive branch and courts to de-fang a US rule forcing Exxon Mobil Corp., Chevron Corp. and other producers to disclose their payments to foreign governments. Now, the Republican takeover in Washington is handling it for them. The House of Representatives is set to vote this week on killing a ...

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Oil set for monthly loss as OPEC cuts seen spurring US supply

  Bloomberg Oil is set for its first monthly decline since October as signs that US supply is expanding offset OPEC’s production curbs. Futures lost 0.5 percent in New York and are down 2.3 percent in January. US oil production could increase to as much as 9.5 million barrels a day this year, near its 2015 peak, as rising prices ...

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