Bloomberg As crude prices continue to get dragged down by a global glut that shows no signs of abating, oil traders may find some profit by going to sea. The market structure for Brent crude, the benchmark for more than half the world’s oil, now makes it viable to store supplies in a vessel to potentially lock in profits ...

  RIYADH / Reuters Saudi Aramco expects oil prices to rebound in the first half of 2017 and for demand to remain healthy following two years of painfully low prices, the state-owned producer’s Chief Executive Officer Amin Nasser said. “The gap between supply and demand is closing … Our anticipation now is that it will be balanced by the first ...

  Bloomberg The OPEC countries claiming exemption from a deal to limit oil production increased output by almost half a million barrels last month, potentially jeopardizing the group’s agreement unless other members deepen their own cuts. Libya, Nigeria and Iran — granted special status after OPEC members reached a supply deal Sept. 28 in Algiers — pumped an extra 400,000 ...