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More oil potential from Kurdish north of Iraq

CALGARY, Alberta, Jan. 10 (UPI) -- The Kurdish north of Iraq continued to show its oil potential after a driller said operations were paving the way for additional exports.

Oil prices stage weak rally ahead of U.S. market report

NEW YORK, Jan. 10 (UPI) -- Crude oil prices notched only modest gains before trading opened in New York, even as Russia said it was trimming oil output as obligated under an OPEC deal.

Sikorsky probing fleet after December oil platform incident

ABERDEEN, Scotland, Jan. 10 (UPI) -- A decision to ground some helicopters serving offshore installations in the North Sea should impact operations only short-term, a safety group said.

Russia claims compliance with OPEC cuts

MOSCOW, Jan. 10 (UPI) -- Russia is meeting its obligations to trim crude oil production according to the terms of an OPEC-led agreement, a spokesman for the president said.

U.S. strategic oil sale will have few market consequences

NEW YORK, Jan. 10 (UPI) -- The pending sale of crude oil from strategic reserves in the United States should have no major impact on global markets, energy economists said.

Secretary of State Kerry: Science confirms climate change

BOSTON, Jan. 10 (UPI) -- Scientific data show the atmosphere may be past a tipping point when it comes to global climate change, outgoing U.S. Secretary of State John Kerry said.

Gas prices higher on average because of regional issues

WASHINGTON, Jan. 10 (UPI) -- Refinery issues for western U.S. states and higher crude oil prices pushed the national average price for gas to its highest point since June, retail data show.

Oil prices dip on North American recovery

NEW YORK, Jan. 9 (UPI) -- Crude oil prices moved sharply lower before the start of trading in New York as signs emerged of a strong North American energy sector recovery