Bloomberg While the first OPEC production cuts since 2008 were inked as Asia slept, the winners and losers from the surprise deal are already becoming clear in the world’s biggest oil-consuming region. US crude is hugging $50 a barrel following Wednesday’s 9.3 percent surge, the biggest since February, and Goldman Sachs Group Inc. is projecting further gains of more ...

  Bloomberg OPEC’s decision to shrink oil production is both a blessing and a curse for natural gas markets. It’s bad news for the US gas bulls enjoying a rally that has propelled prices to the highest in two years. Crude explorers have more incentive to drill with oil futures surging on the promised cuts by the Organization of Petroleum ...

  Reuters Sonatrach boosted natural gas sales to Italy by 140 percent in the first 10 months of the year as Algeria looks to bolster energy exports after years of stagnation, two senior officials from the state company said. More effective exploitation of existing fields and expanded pipe-line capacity is helping boost sales, Sonatrach Deputy General Manager for Marketing Omar ...