MarketWatchOil turns lower as bulls fail to shake off supply worriesMarketWatch“The relentless increase in the U.S. oil-rig count continued for a 22nd week with Baker Hughes data showing that another six oil rigs were added in the week to last Friday,” wro …

ReutersOil falls to seven-month low on more signs of growing crude glutReutersThere were still almost 70,000 WTI contracts for July outstanding at the end of trade on Friday, which would require delivery of about 70 million barrels of oil to Cushing, Oklah …

ReutersOil prices flat after weeks of steep declinesReutersLibya's oil production has risen more than 50,000 bpd to 885,000 bpd after the state oil company settled a dispute with Germany's Wintershall, a Libyan oil source told Reuters. Investment b …

Financial TimesExxonMobil biofuel partnership makes oil from algae 'breakthrough'Financial TimesScientists at Synthetic Genomics, the biotech company founded by genomics pioneer Craig Venter, used advanced genetic engineering to double the oil cont …

WIREDFattened, Genetically Engineered Algae Might Be the Next Great Oil ...WIREDThe future of fuel is green, slimy, and reeks of fish. "Fish smell like fish because fish eat algae," says Imad Ajjawi, a geneticist at the synbio company Synthetic&n …

ReutersOil prices pause after sharp fallsReutersLONDON Oil prices edged higher on Monday, pausing for breath after coming under pressure over the past month from rising production in the United States, Libya and Nigeria, which has taken the edge off an OPE …

MarketWatchOil inches higher, but fresh US supply concerns keep prices under pressureMarketWatchEarlier in the day, oil prices had traded with losses after data on Friday showed that U.S. oil operators added six more active oil rigs the past week, marking …

ReutersOil prices slip as US rigs rise, demand growth faltersReuters"Anyone who is looking for the bottom of the current price fall must keep his or her eyes on the supply-side equation and only get optimistic if the factors that have been driving oil …

ReutersOil prices dip on further rise in US drilling, demand slowdownReutersSINGAPORE Oil prices dipped on Monday, weighed down by a continuing expansion in U.S. drilling that has helped to maintain high global supplies despite an OPEC-led initiative to cu …

ReutersSaudi to limit July oil volumes to Asia, slash US volumes -sourcesReutersState-run oil firm Saudi Aramco would supply full contracted crude volumes to at least five Asian buyers mainly in North Asia and lower volumes for some customers in India, Chi …