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UPDATE 1-Oil prices slip as analysts warn of correction after 13 pct gain in the past month

* But rising U.S. oil production looms over tightening markets

Jan 16 2018

UPDATE 1-Iranian oil tanker wreck produces 2 slicks in East China Sea - China

BEIJING, Jan 17 An Iranian oil tanker that sank in the East China Sea has left two oil slicks covering a combined 109 square km (42 square miles), the Chinese government said late on Tuesday, as maritime police scour for damage and prepare to explore the wreck.

Financials, Industrials Jan 16 2018

Oil prices edge up on tighter supplies, healthy demand

* US oil output soars on surging shale: http://tmsnrt.rs/2DrO0Rm

Jan 16 2018

Iranian oil tanker wreck produces 2 slicks in East China Sea - China

BEIJING, Jan 17 An Iranian oil tanker that sank in the East China Sea has left two oil slicks covering a combined 109 square kms (42 square miles), the Chinese government said late on Tuesday, as maritime police scour the area for damage.

Financials, Industrials, Jan 16 2018

RPT-COLUMN-Hedge fund bulls have left oil market looking very stretched: Kemp

LONDON, Jan 16 Hedge funds and other money managers have boosted their bullish position in oil to a new record, but with crude taking over from fuels as the main target of fresh buying.

Energy
Exxon Mobil Corp $86.97 -0.63%
Chevron Corp $132.01 -1.19%
Schlumberger NV $77.17 -1.03%

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