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Oil slips in early trade: Prices cool after strong gains in previous session:

Oil prices edged down on Friday after rising more than 2% in the previous session, buoyed by lower US crude inventories and geopolitical tension in the Middle East.
US crude futures are in their longest winning streak since records began in 1983, helped by a drop in crude and product…

Oil edges up after US crude stocks fall; China data weigh:

* China May HSBC flash PMI shrinks to 13-month low

* U.S. crude stockpiles fall for 3rd week – EIA

* Consensus remains that market is 1.5-2.5 mln bpd oversupplied (Adds EIA data, China PMI, quotes and updates prices)

Oil edged up on Thursday, supported by a drawdown in U.S. crude inventories…

Oil M&A activity likely to pick up in 2016, Citi says:

Oil’s rebound and more certainty around company valuations are keys to driving mergers and acquisitions activity next year given the pent-up demand for deals, bankers said Tuesday at an energy forum in Houston.

“The dam will break at some point,” Stephen Trauber, vice chairman and global head of energy at…

EnQuest Producer FPSO moored at Alma/Galia field. First oil in mid-2015:

EnQuest, an independent oil and gas company based in UK, has said that its Alma/Galia project in the North Sea remains on schedule for first oil in mid-2015.

In its first quarter status report, the company’s CEO, Amjad Bseisu, revealed that the Enquest Producer Floating Production, Storage and Offloading (FPSO)…

Oil prices rise on Middle East fighting; OPEC output in focus:

* Prices up despite Iran saying OPEC output cuts unlikely

* Islamic State militia takes control of Iraqi city of Ramadi

* Saudi-led coalition resumes air strikes in Yemen

* U.S. rig-count drop slows, 2016 production to rise -Goldman

* Most producers need higher prices to balance budgets (Adds comment, updates prices)

Oil prices…

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