Financial TimesUS crude oil price hits highest level in 7 monthsFinancial TimesUS crude oil bounced to the highest level in seven months on Tuesday, as traders foresaw a decline in bloated inventories in the world's biggest petroleum consumer. Nymex Ju …

FortuneWells Fargo Cuts Its Oil RiskWall Street Journal (blog)That is when, twice a year, banks rethink the lines of credit that they have extended to oil drillers, weighing factors like the value of collateral. So far this spring, Wells has reduced the cr …

Wall Street JournalCanada's Banks Continue to Face Oil-Price FalloutWall Street JournalCanada's biggest banks begin reporting their fiscal second-quarter earnings this week and lower oil prices are expected to pressure results. Although oil prices …

BloombergOil Falls Most in Three Weeks as OPEC Crude Production ClimbsBloombergOil breached $50 a barrel in New York for a third day before retreating after OPEC reported that its members pumped the most crude in three years. The Organization of Petroleum …

The Globe and Mail (subscription)Slight growth expected for banks as threat from plunging oil weakensThe Globe and Mail (subscription)The sharp decline in the price of crude oil and the uncertainty it unleashed on the Canadian economy weighed on the big ba …

The Globe and Mail (subscription)As oil share prices recover, will Canadian banks see sunnier days?The Globe and Mail (subscription)“The extreme volatility experienced by Canadian bank stocks earlier this year has subsided, in part due to a lessening of th …