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 …

CBC.caOil firms cut jobs, budgets as crude drop hit earningsThe Globe and MailWhile many companies have taken steps that will reduce planned future production, few have pulled back on existing production and are now grappling with a continuing supply glut …

Low Oil Prices Great For Consumers, Less So For InvestorsNPRMuch of the oil industry is gathered in Houston this week for an annual conference that serves as a deal-making forum for producers large and small. Deals may be harder to reach this year because …