International Business Times UKCrude oil futures see mixed trade amid concerns over global glutInternational Business Times UKCrude oil futures settled lower on 22 May, but witnessed mixed trade for the week, amid persisting concerns over a global oil glut …

Yahoo NewsChina stocks rebound, other Asian markets fall after US dropYahoo NewsWALL STREET: U.S. stock markets closed lower on Tuesday as an increase in oil prices expectations that inflation rates and interest rates would go up. The Standard & Poor&# …

WRAL.comRise in Price of Oil Drives Energy Shares Up, but the Market Slides BackNew York TimesThe other part is oil prices going up. That implies more inflation.” Major indexes wavered at the outset of trading, drifted lower throughout the morning, then sp …

The Globe and MailCanada's heavy crude oil surges to take on a golden lustreThe Globe and MailIn less than two months, the price of the Canadian benchmark heavy crude has surged more than 70 per cent, outpacing West Texas intermediate (WTI), Brent and …

Business TodayGovt makes first crude oil purchase for strategic reserveBusiness TodayThe government has bought the first oil for its strategic petroleum reserve (SPR), trade sources said on Monday, marking the start of a round of purchases by the world&#39 …

FuelFix (blog)Iran riches coveted by Big Oil after decades of conflictFuelFix (blog)Outside the boardroom of BP Plc's headquarters on London's swanky St. James's Square, a display case houses the geological data from Masjid-i-Solaiman, Iran&#39 …

The Globe and MailExecutives increasingly gloomy about oil shock's impact on economyThe Globe and MailCanadian executives are increasingly gloomy about the prospects for Canada's economy, and are fearful that the recent drop in oil prices will stun …

Business InsiderOil prices dip as Iran, world powers seek nuclear dealBusiness InsiderInternational benchmark Brent crude oil futures were at $56.41 a barrel at 0131 GMT, flat with its last settlement after falling five percent on Friday as the market bega …

The Globe and Mail (subscription)Canada's Alberta Province Raises Taxes to Cope with Oil Price DropWall Street JournalCALGARY—The energy-rich western Canadian province of Alberta said it would raise taxes and hold the line on expenses even as it expect …

Financial PostWhy current oil prices don't tell the energy sector's whole fortuneFinancial PostHe considers the relative performance of the index versus oil futures a more appropriate measure, because it better aligns oil price expectations with re …