CNNMammoth Texas oil discovery biggest ever in USACNN"Even in areas that have produced billions of barrels of oil, there is still the potential to find billions more," Walter Guidroz, coordinator for the USGS Energy Resources Program said in a st …

Financial TimesWall St eyes record but oil prices slipFinancial TimesBrent last week rose above $50 for the first time since early July on hopes that Opec could agree a production curb, but investors have become more sceptical about the oil cartel's ab …

Daily MailChina is now the BIGGEST crude oil operator in the North SeaDaily MailCNOOC was blocked from buying a US oil company over national security concerns a decade ago. But no concerns appear to have been raised in Britain when the company bought Nexen …

Economic TimesIndia's biggest oil refinery on west coast to cost $30 bnEconomic TimesNEW DELHI: India's biggest oil refinery that state-run IOC, BPCL, HPCL and EIL plan to set up on the west coast will cost $30 billion or Rs 2 lakh crore, a senior …

CNBC5 reasons oil is heading to new tipping pointCNBCThe negative factors that have pounded oil prices continue to hang over the market, and the world is still facing oversupply of about 2 million barrels a day. Strategists say the chief wild card that cou …

New York TimesLow Oil Prices Pose Threat to Texas Fracking BonanzaNew York TimesNo place in Texas produces more oil than Karnes County, but suddenly the roaring economy here is cooling fast, chilled by the plunging price of crude. Workers who migrated from …

BloombergOil's Worst-Ever Summer Signals Price Rout Is Nowhere Near DoneBloombergIf crude's slump back to a six-year low looks bad, it's even worse when you reflect that summer is supposed to be peak season for oil. U.S. crude futures have lost …

This is MoneyOil price rebound hits fuel pumps: Brent crude has biggest monthly gain in six ...This is MoneyLuke Bosdet, a spokesman for the motoring group, said: 'The sudden rebound in oil prices has shot through to the pumps and has been a shock for …